Bitcoin crosses $71K, but now there's a massive cause of worry

2024-4-8 13:00

BTC was up by more than 1.8% in the last 24 hours.  A metric pointed out that BTC might be overvalued.  After days of volatility and uncertainty, Bitcoin [BTC] recovered and went beyond thThe post Bitcoin crosses $71K, but now there's a massive cause of worry appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 97747.27 (+0.12%)
Объем 24H $92.09b
Изменеия 24h: 4.69 %, 7d: 7.19 %
Cегодня L: $94006.77 - H: $97747.27
Капитализация $1933.967b Rank 1
Цена в час новости $ 71714.14 (36.3%)

bitcoin btc crosses worry 71k massive cause

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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.

2024-10-6 07:00