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TechFlow, July 31 — CryptoQuant's latest report shows the Bitcoin New Investors Dominance indicator has reached 30%, a significant increase from earlier levels, though still below the extreme range of 60-70%. Analyst AxelAdlerJr noted that this current level suggests further upside potential remains, and the market has not yet entered an overly euphoric phase. Historical data indicates this metric previously peaked at 64% in 2023 and 72% in 2024.
CryptoQuant's latest report shows that the Bitcoin New Investor Dominance indicator has reached 30%, a significant increase from earlier levels, though it has not yet entered the extreme range of 60-70%. Analyst AxelAdlerJr noted that the current level suggests there is still room for further market upside, and the market has not yet entered an overheated phase. Historical data indicates that this metric previously peaked at 64% in 2023 and 72% in 2024.
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