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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit Bitcoinist 02 Oct 2024

Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit 📈

Bitcoin is now trading at a crucial level following a 5% dip from its recent local highs of around $66,500. Despite the dip, the cryptocurrency market is experiencing volatility, investors remain optimistic about the months ahead.

The Federal Reserve’s decision to cut interest rates has significantly boosted market sentiment, fueling expectations for a strong recovery. Bitcoin's data suggests a substantial upside potential as it delivers an average net profit of $264 million.

Source: bitcoinist.com ↗

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