Glassnode: Data shows that this round of Bitcoin breaking $100,000 was driven by spot market buying.

On May 14, Glassnode data showed that the 7-day moving average of Bitcoin spot trading volume (SMA) has turned positive, reaching a local high of around 5 billion dollars yesterday. This positive net buying demand has only occurred a few times this year, confirming that there is real buying support in the spot market behind the breakout towards 100,000 dollars.

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HappyNewYearvip
· 9h ago
Gate News bot reported that according to Gate market data, the BTC_USDT price has fallen below 103000 USDT, with the current price at 102990.1 USDT. The 24-hour rise is 0.11%.
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