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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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The research company Cooper Research released a report pointing out that as a large amount of investor funds flood into Bitcoin exchange-traded funds, the rise in Bitcoin prices seems inevitable. Data shows that for every increase of 10,000 BTC in ETF holdings, the price of Bitcoin can average rise by 1.8%. Analysts point out that, based on a series of data indicators, Bitcoin seems ready for another significant rise. The leverage-driven market frenzy is gradually fading, and the price movement of Bitcoin may take a more moderate path, with expectations of reaching $140,000 in September, potentially rising to $150,000 as early as early October.