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The main points of the Glassnode newsletter of 5 June:

1/9 🧵@glassnode Insights: Stagnant digital asset prices and underlying indicators suggest a shift towards risk-off capital rotation, with an increasing preference for stablecoin capital. #CryptoMarket #RiskOff #Glassnode

2/9 Despite flat $ETH price since mid-March, beneath the surface, growing divergences hint at a risk-off environment, with depressed trade volumes and automated DeFi usage. #Ethereum #DeFi

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Olumide Adesina

@TokunboAdesina

The world’s most popular #Crypto, #Bitcoin is having a run not seen in the #Crypto-verse, especially on boxing day.

The flagship #Crypto traded at $24,845.80 with a daily trading volume of $44,952,165,090. #Bitcoin is up 5.76% for the day. The current market value of Bitcoin stands at $461.7 Billion

#Bitcoin is fired up on all cylinders, smashing its past record highs at the speed of light, and it seems the momentum trade is strengthening as mass media outlets embrace #Crypto coverage

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