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Bitcoin Fees Drop 86% While Market Confidence Soars As Dominance Reaches New Highs

  • Bitcoin fees have dropped 86% this quarter, but market confidence remains high with Bitcoin dominance reaching new highs.
  • While Bitcoin's price remained relatively flat, major altcoins like Ethereum and smaller tokens hit new yearly lows.
  • The 'dolphin tier' of traders holding between 0.1 and 10 BTC has seen significant growth since July 4th.
  • Long-term Bitcoin holders are taking profits, while short-term holders are ramping up, signaling a growing risk appetite in the market.

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