🚀 Bitcoin (BTC) is soaring past $60K, reaching the $67K zone, thanks to a lower-than-expected inflation rate in the US.

📉 BTC selling pressure is on the decline, as seen in short-term holder activity and OTC desk balances. The latter has been stable since late April, indicating less BTC supply from the market.

🔍 Demand for BTC hasn't quite picked up yet, but signs point to a potential surge from the spot Bitcoin ETF market and other investment funds.

💰 Stablecoin liquidity growth is also on the rise, hinting at a possible uptick for BTC.

🤔 Do you think the market has bottomed out? Share your thoughts below! #Bitcoin #CryptoNews