News about Bitcoin

Traders believe continued spot #Bitcoin ETF inflows and high demand-side liquidity driven by a run-up above all-time highs are what $BTC requires to break out of consolidation. pic.twitter.com/kBE1Go6Dm2

Unlike FOMC day, the latest PPI beat looks to be something of a nothingburger for $BTC. pic.twitter.com/kHn0gWFMcr

The aggregated balance of all major labelled entities is estimated to be ~4.23M, which accounts for 27% of the overall adjusted circulating supply (which is the total supply minus coins that have remained dormant for more than seven years). 🟡 US Spot ETF = 862k BTC 🔴 Mt. Gox… pic.twitter.com/7Mye9unXJe

NGU is a metric worth tracking, but it should not be the sole measure of Bitcoin's success. Bitcoin could reach a million dollar exchange rate while still being unusable by the vast majority of the world.