Can Bitcoin Permanent Holder Demand Push BTC Price Above $100K?

Quick Summary:

Bitcoin is struggling to reach its previous $100,000 price level while the broader crypto market recorded a 1.61% rise in market cap.

Further worsening the market scenario, the crypto fear and greed index entered the fear zone.

CryptoQuant further emphasized the fact that this indicator signals strong confidence and can lead to price a rally.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab Emirates

Topics: Investing Analysis Bitcoin BTC price Editors News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 14:47:41 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 25964642

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 40 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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