Recent analysis highlights that Bitcoin's price movements are now largely driven by inflows into exchange-traded funds (ETFs) rather than on-chain activity. Experts note declining on-chain transactions and exchange balances alongside stable ETF fund flows as central to price behavior. Potential triggers for upward momentum include U.S. monetary policy adjustments and advancements in crypto regulatory frameworks.
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[IMPORTANT] Analysis Identifies ETFs as Key Influence on Bitcoin Price Dynamics
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