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3 fundamental reasons Bitcoin market bias remains bullish after recent drop

3 fundamental reasons Bitcoin market bias remains bullish after recent drop | CryptoSlate

The price of Bitcoin (BTC) dropped to as low as $9,110 across major exchanges on July 10. Despite the pullback, key fundamental data points show that market bias remains optimistic. Three fundamental factors pointing toward positive market sentiment are record high hash rate, neutral futures funding rate, and address activity.