On-Chain Data

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Bitcoin Reclaims $80,000 Amid ETF Inflows, but Polymarket Odds Put $90K Probability at Just 23%

According to CryptoQuant and Polymarket data, Bitcoin reclaimed the $80,000 level on May 4 as strong spot ETF inflows and rising leverage lifted prices. However, weak on-chain spot demand signals caution among traders; Polymarket odds assign just a 23% probability to Bitcoin reaching $90,000 by mont
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GateNews·8u geleden

Bitcoin Surges to $80,000 on May 4 as Macro Events and Geopolitical Tensions Escalate

According to BlockBeats, Bitcoin surged above the $80,000 level on May 4 as global markets entered a period of intensifying macroeconomic and geopolitical events. The U.S. military announced Operation Prosperity Guardian, deploying 15,000 personnel and naval and air assets to the Strait of Hormuz fo
BTC0,24%
GateNews·16u geleden

Bitcoin Hashrate Hits 3-Week High Post-Halving

Bitcoin mining activity has intensified following the April 20, 2024 halving event. As of May 2, 2024 at 2 PM, key mining metrics show mixed signals: while miner Bitcoin holdings declined, hashrate surged to its highest level in three weeks, according to data from CryptoQuant and Visiomaetrics.
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