Bitcoin Bulls Build Buying Pressure – Metrics Show Steady Growth In Net Taker Volume

Quick Summary:

Bitcoin has shattered all-time highs six times in the past week, marking an explosive surge that’s captivated the crypto market.

Rising over 32% in less than seven days, Bitcoin has now achieved a milestone by surpassing Silver’s market cap, solidifying its place as a dominant asset in the global financial landscape.

In his analysis, he notes that this consistent pressure is noteworthy, as it suggests that the buying activity is not just a short-term surge but a sustained trend supporting higher prices.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Bitcoin ATH Bitcoin News Bitcoin Bull Run Btc Bitcoin Bitcoin metric BTCUSDT Bitcoin bulls Bitcoin Net Taker Volume Bitcoin news Bitcoin Buying Pressure

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 06:30:57 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 586 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23566787

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 15 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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