Bitcoin ‘hot supply’ nears $40B as new investors flood in at $95K
Bitcoin is enjoying a “surge in capital turnover” as speculators begin to take an interest in the market thanks to multimonth BTC price highs, new analysis says.
Key points:
Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.”
“Hot supply” has doubled in just five weeks versus local lows in March.
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