News about Bitcoin, crypto

🚨 #Bitcoin’s push to $70K crumbles as the Fed’s hawkish stance shakes the market. Here’s what happened. 👇 pic.twitter.com/rVUWdxya7W

$BTC 92-day consolidation is setting up a “massive upside rally” — Traders 🔸“Generally, the longer a consolidation, the larger the expansion afterward,” pseudonymous crypto trader @DaanCrypto wrote in a June 11 X post. 🔹“Out of all consolidations, the current one is the… pic.twitter.com/KG519HB4ZX

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.