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Here’s How Much Bitcoin is Attracting Every Month and What It Means for Price

The Bitcoin market is experiencing a surge in institutional interest, with $80 billion flowing into the market every month, according to CryptoQuant founder Ki Young Ju. This influx of capital is significant considering the limited supply of Bitcoin, as it suggests that the demand for the cryptocurrency is outpacing its supply. Despite Bitcoin's record high price, it is trading at its realized cap, indicating a potential market bottom. As the new supply of Bitcoin is expected to decrease in the future, sustained demand could further drive up its price.

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