Category: Defies
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Bitcoin Price Rally Defies Miner Reserve Drops, Here’s Why
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Bitcoin (BTC) miner reserves have seen a steady decline over the past year in a somewhat worrying development. However, Bitcoin recorded multiple price hikes during this period and even broke through the $100,000 price zone. cryptoavails provided CryptoQuant analyst some insights into this divergent trend that identifies the driving force…
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XRP Price Defies Bearish Trend, Rallies 6%: Key Drivers Revealed
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This article is also available in Spanish. In a remarkable show of resilience amid a broadly weak cryptocurrency market, XRP is up 6.7% over the past 24 hours. After falling to a low of $1.90 on December 10, the asset is once again trading above $2.36, defying the prevailing bearish…
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Expert Reveals Why This Crypto Cycle Defies the Norm—What’s Missing?
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Although there has been a slight uptrend in the current crypto cycle, with Bitcoin (BTC) hitting a new high above $73,000 in March, it is worth noting that this crypto cycle still looks different from other past cycles. In particular, unlike previous cycles, which have fostered new inventions, the current…