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Bitcoin Coinbase Premium hits 7-month low but traders spot a silver lining

Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.

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

Bitcoin Coinbase Premium hits 7-month low but traders spot a silver lining

Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.

Why this matters

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

Original source

Read on Cointelegraph

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