Morgan Stanley Bitcoin Trust Adds 1,000 BTC as Bitcoin Nears Long-Term Support

Morgan Stanley Bitcoin Trust added nearly 1,000 BTC, lifting tracked holdings to 5,761 coins in two weeks. The trust had drawn about $408 million in net inflows by July 10 despite sustained Bitcoin market weakness. Bitcoin traded about 11% above Fidelity’s lower power-law support boundary in the model published on July 5. Three Glassnode-based indicators [...]

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