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Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?

  • Bitcoin price and demand metrics suggest a potential resurgence in market interest.
  • Bitcoin has reclaimed a trading level above $70,000 after a sustained period of resistance.
  • Heightened demand reflected in stablecoin movements is contributing to the rally.
  • If demand holds steady and aligns with favorable macroeconomic data, BTC could see a new all-time high.

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