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Bitcoinist
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Bitcoin Closes In On $66,000: Here’s What’s Behind The Surge
- The Bitcoin Coinbase Premium Index has surged, suggesting it could be behind the latest price surge.
- When the Premium Index is positive, it means higher buying pressure on Coinbase than on Binance.
- The Index indicates that Coinbase investors have been accumulating Bitcoin.
- Bitcoin is approaching the cost basis of the final short-term holder cohort.
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