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Analysis: Yesterday's Institutional Funds Accounted for 75% of Bitcoin Trading Volume on Coinbase, Potentially Signaling Price Increase

Summary: According to reports, Capriole Investments founder Charles Edwards analyzed that institutional funds accounted for 75% of the Bitcoin trading volume on Coinbase platform yesterday. Historical data indicates that when the percentage exceeds 75%, Bitcoin prices typically rise within a week. Additionally, with inflation data meeting expectations, a Fed rate cut next month is almost certain, ...

According to reports, Capriole Investments founder Charles Edwards analyzed that institutional funds accounted for 75% of the Bitcoin trading volume on Coinbase platform yesterday. Historical data indicates that when the percentage exceeds 75%, Bitcoin prices typically rise within a week. Additionally, with inflation data meeting expectations, a Fed rate cut next month is almost certain, with expectations of three rate cuts throughout the year, and even speculation of a one-time 0.5% rate cut.

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Link: Analysis: Yesterday's Institutional Funds Accounted for 75% of Bitcoin Trading Volume on Coinbase, Potentially Signaling Price Increase [Copy]

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