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Bitcoin Cointelegraph

Bitcoin downward pressure ‘abated’ as sell-side markets shrink

Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts said.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin downward pressure ‘abated’ as sell-side markets shrink

Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts said.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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