Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin’s slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

Full story: https://www.coindesk.com/markets/2024/06/03/bitcoin-knocks-on-70k-level-bitfinex-hopeful-selling-pressure-that-sparked-a-correction-is-ending/