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TodayinCrypto.com
· By JP
Bitcoin (BTC)
Bitcoin’s price has yet to reach its peak during this bull cycle and investors treat the cryptocurrency as a store of value, analysis reveals.
Despite reaching a new yearly-high recently, the Bitcoin velocity metric is still far from the previous bull runs. It means that investors are mainly regarding BTC as a store of value instead of a medium of exchange and hinted that the ongoing bullish cycle is far from its top.
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