Long-Term Holder Buying Supports Bitcoin as 10x Research Flags September Risk

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10x Research said Bitcoin rebounded from $58,500 to $61,500 after long-term holder buying helped establish support. The firm said stronger-than-expected U.S. employment data and ETF outflows intensified earlier volatility. 10x Research added that July has averaged a 9.1% gain for Bitcoin, while August to September often brings consolidation.
BTC1.63%
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