Bitcoin traded around $64,500 as investors remained cautious following the Federal Reserve’s hawkish hold and ongoing US-Iran tensions. Short-term holders’ realized capitalization has dropped 62% from its October peak. The Long-Term Holder to Short-Term Holder Realized Cap ratio climbed to 3.9, approaching levels previously seen at major market bottoms. US spot Bitcoin ETFs posted net inflows of over $32 million on Wednesday, with BlackRock’s IBIT leading at $89.83 million.
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