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Crypto Macro

Bitcoin Holds $80K as Institutions and Smart Money Weigh In

Bitcoin surged to a record weekly gain of $14,775 last week, hitting $77,593, before pulling back to around $80K. US spot Bitcoin ETFs saw $2.8B inflows over eight days, but on-chain data shows a dense supply wall at $80K-$82K, making this a key resistance zone. Institutions like K33 and Bitwise see bullish signs, while CoinShares expects range-bound trading in the near term.

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