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Posted: 2025-05-29 14:11:34 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-29 14:11:52 UTC
Verified By
Rollup News
This CoinW daily briefing for May 29 highlights that Bitcoin's recent surge to a new all-time high is primarily driven by spot market activity rather than leveraged derivatives trading, suggesting a more sustainable and healthy market trend.
Bitcoin price at $108,671
Market dominance at 62.8%
Spot market driving the price surge
Lower leverage usage compared to December 2024
Maintaining sustainable growth without excessive leverage
Potential for market correction if spot buying slows down