What Happened to Bitcoin, Ethereum ETFs After Trump Took Office? (Weekly Recap)
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Happened
This Hasn’t Happened to Bitcoin (BTC) in Six Years
TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events like FTX’s collapse and Binance’s legal troubles. The trend towards BTC self-custody is seen as bullish, contributing to Bitcoin’s significant rally of 130% since the year’s start. Analyst
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