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Analysts have reported the end of the capitulation phase among miners
The Hash Ribbons indicator signaled the end of capitulation among Bitcoin miners, indicating a decrease in selling pressure from their side on the market. This was stated by CryptoQuant.
Institutional investors are not particularly concerned about bitcoin's volatility
Despite fluctuations in the price of the first cryptocurrency, major players continue to show steady interest in this asset. This was stated by Andre Dragos, Head of Research at Bitwise in Europe, in an interview with The Block.