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Bitcoin Holds Firm Despite Market Slowdown—Here’s What to Watch

  • Bitcoin experienced a 12% drop to $83,600 in 48 hours, resulting in a 35% increase in trading volume.
  • Institutional holdings of Bitcoin have reached $48 billion, indicating strong confidence in its long-term value and stability.
  • Despite the recent decline, key indicators and on-chain activity suggest that the bull cycle for Bitcoin is still intact.
  • U.S. crypto regulations and the inclusion of XRP in the Strategic Reserve could impact the market's trajectory and serve as a catalyst for Bitcoin's next price increase.

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