Bitcoin’s Price Recovery Revives Profit Margins For Short-Term Whales, Rally To Extend?

At the time of writing, BTC is showing strong upward performance, with a nearly 2% increase in the last 24 hours, pushing its price to $117,257. Data from CoinMarketCap shows that BTC’s price today is rising in a gradually bearish investor sentiment, as evidenced by a 10% decline in trading volume in the past day.

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