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Bitcoin Holds Ground as Analysts Say Forced Selling Fuel Has Been Spent

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BTC
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Bitcoin's recent gains have been sustained as 'forced-selling fuel was already spent,' according to analysts.

A study on Bitcoin's liquidation warning signs found that they cannot predict individual crashes, further supporting this view.

Meanwhile, Tether posted an operating profit of $1.5 billion in Q2, but its reserve buffer fell by half during the same period.

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