BlockBeats news, December 21, Glassnode stated, "As the crypto market grows, the pullback of Bitcoin in the bullish trend is gradually decreasing. The deepest pullback in this cycle was -32% (on August 5, 2024), while most pullbacks were around a 25% drop from previous highs, reflecting the increased demand for spot ETFs and rising institutional interest."
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Glassnode: The pullback of Bitcoin in the bullish trend is gradually decreasing, reflecting the rise in ETF demand and institutional interest.
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BTC
97,268
+0.99%
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