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Here’s how Bitcoin’s rally past $11,000 has altered its fundamental strength Here’s how Bitcoin’s rally past $11,000 has altered its fundamental strength
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Here’s how Bitcoin’s rally past $11,000 has altered its fundamental strength

with insights from Glassnode

Bitcoin’s intense rally past $11,000 this week came about as a surprise to many investors, as the crypto was previously facing historically low volatility as traders shifted their focus to altcoins.

Here’s how Bitcoin’s rally past $11,000 has altered its fundamental strength

Photo by takahiro taguchi on Unsplash

Bitcoin’s intense rally past $11,000 this week came about as a surprise to many investors, as the crypto was previously facing historically low volatility as traders shifted their focus to altcoins.

The sharp movement that led the benchmark digital asset up to these highs has altered its fundamental strength for the better, with BTC now having greater network health, liquidity, and positive investor sentiment.

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