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Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchanges

cryptoweekly by cryptoweekly
March 26, 2025
in bitcoin, News
0

Bitcoin exchange outflows have risen to their highest levels since July 2024, but BTC price must reclaim a key weekly EMA level to confirm a potential breakout.

Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback.

Is the Bitcoin bull run about to resume?

Bitcoin is making another attempt at a technical breakout above $90,000 as supply on exchanges continues to decrease.

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Recent Posts
  • Bitcoin’s bull market will ‘redefine’ BTC’s role in modern portfolios — Fidelity research
  • Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M
  • Alchemy acquires no-code NFT launchpad HeyMint for undisclosed amount
  • What is DNS hijacking? How it took down Curve Finance’s website
  • US DOJ seizes $24M in crypto from accused Qakbot malware developer
  • Ethereum price chart targets $4K as transaction fees hit 3-month high
  • Who attended Trump’s controversial memecoin dinner?

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