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RE: LeoThread 2024-12-07 11:02

in LeoFinance10 months ago

Part 3/8:

The market dynamics surrounding Bitcoin have not gone unnoticed. As of late, the fear and greed index signaled a state of "extreme greed," which is indicative of strong bullish sentiment in the market. CoinShares reported a remarkable $2.2 billion flowed into digital assets last week alone, with Bitcoin attracting substantial investment.

MicroStrategy, in particular, has positioned itself as the largest publicly traded Bitcoin holder, now owning over 331,000 Bitcoin worth more than $7 billion. Their aggressive buying in the last ten days further affirms their commitment, indicating a strategy not just of acquisition but of driving market price upwards through demand.

Scarcity and Supply Challenges