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$6 Billion BTC Buying Spree Hits Exchanges as Bitcoin Price Races toward $100,000

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TL;DR:

Bitcoin surged sharply this week, climbing from roughly $91,000 on Monday to just above $95,000 by Wednesday. Meanwhile, on-chain data reveals a massive influx of BTC into major exchange wallets.

Key Points:

  • $6 Billion BTC Buying Spree Hits Exchanges as Bitcoin Price Races toward $100,000 - Yahoo Finance
  • Story reported by 3 sources including $6 Billion BTC Buying Spree Hits Exchanges as Bitcoin Price Races toward $100,000
  • Involves BTC cryptocurrency

    • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    $6 Billion BTC Buying Spree Hits Exchanges as Bitcoin Pri... | NewsCR