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Bitcoin Surges as Year of 'Long' Begins, ETF Selloff Eased
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Overview
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Bitcoin reaches a one-month high as year of 'long' begins, easing ETF selloff. Demand for bitcoin indicated by ETFs absorbing sell-on-news event. On-chain analysis shows slowdown in bitcoin movements out of miner wallets.
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How does the slowdown in bitcoin movements out of miner wallets impact the market?
What are the key factors influencing the potential new highs in the crypto market?
What factors contributed to the easing of the ETF selloff?
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