Bitcoin surges toward $65,000 on softer-than-expected inflation data, but on-chain signals show two key investor groups selling into the bounce. Two distinct groups of on-chain holders are selling into BTC’s price bounce. BTC has jumped to nearly $65,000 on the back of softer-than-expected U.S. inflation reports for June. Some analysts say the inflation data is obsolete, given the renewed strength in oil prices. As macro tailwinds lift bitcoin BTC $ 64,546.36 , two distinct groups of investors…
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