According to the latest data, although the price of $BTC experienced a spike due to Trump's speech, and there was indeed an increase in Bitcoin supply during that spike, the newly transferred supply has already been consumed. This indicates that most investors in the market remain relatively optimistic about the future trend of BTC, and the amount of new supply transferred is very low, not forming a panic trend.
Currently, the total BTC supply on exchanges continues to hit a nearly one-year low, and the sentiment among spot investors remains positive. Although Trump's speech was bearish, the temporary impact from this data appears to be very limited.
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