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Benzinga
Benzinga
Business
Murtuza J Merchant

Bitcoin Profitability Rebounds But Momentum Stalls At $111,000

Bitcoin Glassnode Ethereum
Orman Advises 5% Bitcoin

Bitcoin (CRYPTO: BTC) profitability has rebounded from recent lows, but current levels are not strong enough to confirm renewed momentum, according to fresh Glassnode analysis.

What Happened: The cryptocurrency is trading near $111,000, consolidating within the $104,000–$116,000 range after heavy absorption by investors.

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