Bitcoin

<ul><li>Bitcoin&#39;s rally to $64k was driven by high on-chain activity, with $35.37B in transactions and 283,000 unique tokens traded.</li><li>Analysts see Bitcoin in a bullish phase, with potential for a corrective phase as per Elliott Wave Analysis.</li><li>Upcoming Bitcoin halving and substantial ETF trading volumes fuel optimism despite potential selling pressure from government moves.</li></ul><a href="https://cryptotale.org/bitcoins-dominance-rises-as-fear-greed-index-hits-extreme-greed/" rel="noopener noreferrer nofollow">Bitcoin&#39;s</a> value soared to a $64,000 peak today, marking a significant milestone in the cryptocurrency&#39;s history. As highlighted by Santiment, an analytic platform, this historic rally is backed by robust on-chain activity that has yet to be witnessed since 2022.The network saw an impressive $35.37 billion transaction volume, with over 283,000 unique tokens changing hands. Moreover, the market observed 3,661 transactions exceeding $1 million each, highlighting the involvement of significant investors or &#39;whales&#39; in the trading dynamics of digital currency.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a1d07946740b4f3c8b9bef2b23938d60.png" />Significantly, this rally comes after Bitcoin briefly dipped below the $60,000 mark. However, the cryptocurrency demonstrated resilience, rebounding and maintaining a positive trajectory. Bitcoin trades at<a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow"> $62,100.88</a>, up 8.56% in the last 24 hours, with a market capitalization of $1.21 trillion. This recovery underscores the robust support and buying interest within the crypto community, especially in a tumultuous market that saw $580 million in liquidations within just half a day.<a href="https://cryptotale.org/u-s-governments-bitcoin-move-secret-accumulation-or-sell-off-signal/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

U.S. Government's Bitcoin Move: Secret Accumulation or Sell-Off Signal?

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