The news coincides with miners offloading $2 billion worth of BTC in June so far.

Research contradicts the consensus opinion that ETFs, the Bitcoin halving, and Fed policy have been driving the asset’s price action.

MicroStrategy has purchased another $786 million of Bitcoin while the German government is reportedly trimming its BTC holdings.

Spot Bitcoin ETFs recorded $152 million in net outflows on Tuesday.

Long-time holders accumulating shows investors are preparing for a BItcoin rally, according to Sam Callahan of Swan Bitcoin.

Armin Sabouri put a dent in the hype surrounding the script, even though he authored the Bitcoin Improvement Proposal.

Institutional investors sold $600 million worth of digital assets last week.

Investors pulled $226 million from spot Bitcoin ETFs on Thursday.

Bitcoin Layer 2 networks and sidechains are attracting large inflows amid an uptick in activity.

Crypto markets tumbled after yesterday’s Fed statement revealed that policymakers now expect a single rate cut this year.