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The digital asset market is on a path towards resurgence right now with bitcoin getting close to its previous All-Time High (ATH) of $69k earlier today. The move was expected by some analysts as the monthly bitcoin inflow of funds reached a massive $48.5 billion in February.
This is the highest amount of money to be redirected to the digital asset market since October 2021. Back then, a new ATH of $69k was witnessed the very next month and its close to it again after last month’s massive figures.
Bitcoin Inflows: $48.5 Poured into Bitcoin
This discovery was made by an analyst on X (formerly Twitter) named Ali. He used a chart from the digital asset analytics platform Glassnode, named…
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