CryptoCoinDeskabout 5 hours ago
Bitcoin rally backed by institutions, whales, options
1 min read
Bitcoin's rally above $66,000 has broad support from institutions, long-term holders, and options traders. Spot Bitcoin ETFs attracted over $700 million in five days, the longest inflow streak since May. Large whales have been accumulating for two months. A trader purchased bull call spreads targeting $72,000 by month-end.
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