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Bitcoin Demand Growing At Fastest Pace Since April — Is BTC Price Next?

  • Demand for Bitcoin is growing at its fastest monthly pace since April 22, according to on-chain data.
  • Increasing demand is seen as a critical factor for Bitcoin's price to resume its bull run.
  • Although demand momentum remains negative, the scale of the selling has eased.
  • Bitcoin's current price is just above $63,000, reflecting a 1.1% rise in the last 24 hours.

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