Bitcoin Enters Euphoric Phase: What It Means for the Market

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6 months ago bitnews

Bitcoin Enters Euphoric Phase: What It Means for the Market Bitcoin has entered a euphoric phase, with 99.3% of its unspent transaction outputs (UTXOs) currently in profit, according to Ki Young Ju, CEO of CryptoQuant. This phase, marked by rising prices and widespread optimism, could last anywhere from three to twelve months. Ju shared his