Bitcoin's sudden 11% rally to 57,000 has Led to over $268 million in short Positions being liquidated with 161 Million in Bitcoin shorts alone The Surge peeled by institutional interest And exchange traded fund inflows has Brought the market to levels reminiscent Of the 2021 Bull Run analysts like pav Hundle see the market as on fire due to The high retail trade volumes and Institutional buying pressure ETFs are Absorbing a significant portion of newly Mined Bitcoin further boosting prices Notable figures like Tyler winlos and Dan held anticipate this as the Beginning of a new Bitcoin bow run for All the latest crypto news and updates Subscribe to the official coin Telegraph YouTube channel
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Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.