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First Mover Asia: Bitcoin Remains Calm Above $29.1 K, but Is Higher Volatility in Its Future?

PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?

Updated Aug 4, 2023, 6:35 p.m. Published Aug 4, 2023, 1:26 a.m.
Bitcoin's monthly chart (CoinDesk Indices)
Bitcoin's monthly chart (CoinDesk Indices)