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Bitcoin is maintaining support around the $65,000 level amid strong institutional interest heading into the weekend.
Notable Statistics:
Coinglass data shows 96,079 traders were liquidated in the past 24 hours for $259.25 million.
SoSoValue data shows net inflows of $254.5 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $6.6 million.
In the past 24 hours, top losers include pippin, Kite and Zcash.
Notable Developments:
Trader Notes: Trader IncomeSharks noted that Bitcoin remains stuck in the so-called “Box of Despair,” with expectations for a slow, grinding move higher in March. However, a true breakout may not come until May or June.
Swing trader…
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