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Bitcoin is “transitioning out of its most stressed phase”
The lower-than-expected CPI print and optimism around the amended Digital Asset Market Clarity Act seem to be buoying bitcoin this morning. Meanwhile, bitcoin ETFs started the week with modest inflows ($116.7 million), according to SoSoValue. Timothy Misir, head of research at Blockhead Research Network, said that on-chain metrics suggest bitcoin is transitioning “out of its most stressed phase.” “Price now sits above the Active Investors Mean ($87.7K) but remains well below the Short-Term Holder cost basis at $98.9K. This configuration implies reduced forced selling pressure, but also highlights the scale of ... (full story)