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Coin Bureau
@coinbureau
Official Coin Bureau X account: covering breaking news, insights & in-depth analysis across Fintech, Macro & AI.
가입 September 2017
429 팔로잉 중    1.1M 팬
INSIGHT: Google searches for Bitcoin have plunged to a FIVE-YEAR LOW as $BTC trades near $81,000. Similar lows in September 2023 and September 2024 coincided with local Bitcoin price BOTTOMS. Retail interest in crypto FADING: - Robinhood's crypto revenue plunged 55% year over year to $120 MILLION in Q3 - Bitcoin wallets holding a balance declined by roughly 30,000 since October 16. Some analysts see this retail disinterest as a BULLISH signal, suggesting selling pressure may be easing. However, a bottom remains unconfirmed, with $80,000 emerging as a critical level as markets digest the Fed rate decision and midterms election.
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