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US Platforms Regaining Dominance In Bitcoin Holdings: Is This Bullish?

  • US-based platforms have been expanding their Bitcoin holdings, leading to an increase in the Bitcoin US to The Rest Reserve Ratio.
  • This indicates a shift of Bitcoin supply from global platforms to US-based exchanges and funds.
  • The approval of spot exchange-traded funds (ETFs) by the US SEC has contributed to this trend.
  • Historically, significant uptrends in the Bitcoin US to The Rest Reserve Ratio have coincided with bull runs, suggesting a potential positive impact on Bitcoin's price.

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