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Bitcoin, the main cryptocurrency by market capitalization, has managed to reclaim the $68,000 stage.
The flagship coin is buying and selling at $68,194 on the CoinGecko web site. Over the previous two weeks, the cryptocurrency is up by a powerful 14%.
Notably, Bitcoin is now solely 7.6% from reclaiming its present document excessive that was achieved all the best way again in March.
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On Oct. 29, Bitcoin briefly surpassed the $69,000 stage. Nonetheless, the bulls failed to keep up their momentum.
Whale holdings attain a document excessive
In line with the information supplied by CryptoQuant, the holdings of Bitcoin whales have now approached a brand new all-time excessive. This may very well be interpreted as an “undoubtedly” optimistic sign for the biggest cryptocurrency. Whales presently maintain round 670,000 BTC.
In the meantime, an historical Bitcoin whale from 2009 lately prolonged their promoting spree amid the current BTC rally.
