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Bitcoin's rise could stay afloat for while
Bitcoin's price remains relatively stable around
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Bitcoin's price remains relatively stable around $77,000 thanks to several factors, but a sustained bull market looks difficult to achieve. Bitcoin has shown resilience, rallying roughly 20% from February lows. That rally was fueled by several key drivers, notably spot ETFs that attracted about $3.8 billion. Activity from "whales" — long?term holders who traditionally act as a stabilizing force — also resumed. However, as is often the case in the volatile crypto market, one company proved to be the strongest catalyst: Strategy.
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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Pavel Vlasov
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