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Institutional Bitcoin Buying Surges 13% Above Daily Supply

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Bitcoin news: Institutional Bitcoin buying has surged 13% above the daily supply of newly mined BTC, per Capriole Investments. This is the first time since early November that institutional demand has outpaced mining output. The rise in corporate and fund buying could help stabilize prices after Bitcoin’s recent pullback. Daily market report data shows renewed interest from large buyers.
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