Traders Remain Bullish, But Bitcoin Fundamentals Tell A Bearish Story

Traders Remain Bullish, But Bitcoin Fundamentals Tell A Bearish Story

After 72 hours of nearly non-stop crypto hype, the market took a proverbial chill pill on Thursday, as buying pressure slightly subsided across the board. As a result of this, Bitcoin (BTC) fell from $5,300 to $4,800 as of the time of writing this, leading to a similar, if not more exaggerated collapse in other cryptocurrencies.

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