CryptoQuant: Nearly 90% of BTC supply is in profit
According to CryptoQuant data, as people are increasingly anticipating the approval of exchange-traded funds (ETFs) for spot trading, the price of Bitcoin rose above $46,000 on Tuesday. Nearly 90% of the held Bitcoin (BTC) supply is in profit, which is slightly higher than the just under 50% at the beginning of last year.
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The Australian dollar against the New Zealand dollar hits a 13-year high! Policy divergence between the Reserve Bank of Australia and the Reserve Bank of New Zealand intensifies, fueling interest rate differential trades.
The Australian dollar has risen to a 13-year high against the New Zealand dollar, mainly driven by the diverging interest rate outlooks of the two countries' central banks and the increase in metal prices.
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