The two data points may show whether bitcoin moves higher or declines further in the aftermath of the U.S. central banks 25 basis point rate increase Wednesday. GWilliamsJR_CMT writes
To wide expectations, the Federal Open Market Committee raised interest rates by 25 basis points.
A full 97.5% of bitcoin circulating supply held by short-term investors is now in profit, as the current price exceeds the average cost basis.
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