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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity

Bitcoinist LogoBitcoinist13h ago

Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity - Bitcoinist

Quick Summary:

Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run.

The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks.

However, the recent rally above $106,000 has broken this trend, hinting at a significant shift in market dynamics.

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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity - Bitcoinist (Picture 1)Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 22:30:17 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 589 words

Reading Time: 4 minutes read

Sentences: 56 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24472111

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 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

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity" has 589 words across 56 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity" was covered 13 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 14 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/bitcoin-passes-106k-as-coinbase-17343883765402

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