Bitcoin Price Hits New Record. Why Crypto Is Surging.
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Bitcoin futures open interest hits $72B as BTC nears $113K. Analysts eye $117K–$120K if resistance breaks. Here’s what traders need to watch.
Tracking the "realized price," or the average price at which bitcoin BTC is withdrawn from all exchanges to estimate a market-wide cost basis is a more valuable tool for gauging investor profitability and potential inflection points in market sentiment.