The pressure on Bitcoin and the broader cryptocurrency market is beginning to ease. This is stated in the weekly review of digital assets presented by Coinbase analysts.

A key factor in favor of reducing technical factors for the weakening of Bitcoin is the completion of sales of shares of the Grayscale fund by asset managers of the bankrupt FTX exchange.

A favorable factor that can contribute to the growth of the value of Bitcoin is the continued interest in spot BTC-ETFs. Since their launch on January 11, they have had net inflows of $1.46 billion. Over the past week, an average of about $200 million was received every day.

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