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Bitcoin Bounce Holds as Analysts Say Half of Supply Remains Underwater

2026-07-07 13:31:31

Bitcoin traded around $63,500 on Tuesday after a six-session rally from June lows. Wintermute described the move as a relief rally on thin liquidity and said ETF flow confirmation remains incomplete. K33 said more than 50% of circulating bitcoin supply still trades at a loss.

BTC-0.92%

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