Bitcoin Faces Selling Pressure as $1.05B in Short-Term Holder Profits Rise

Bitcoin Faces Selling Pressure as $1.05B in Short-Term Holder Profits Rise

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Bitcoin has failed to surpass the $87,100 mark, leading to increased profit-taking activity. Additionally, $1.05 billion in profits held by short-term holders is contributing to selling pressure on the cryptocurrency. This development may impact Bitcoin's price momentum in the near term.

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Originally published by gnews