Bitcoin investors have every reason to maintain caution and this is why

2023-4-7 03:30

Bitcoin's [BTC] much-awaited journey to $30,000 was met with some resistance as the king of cryptocurrencies traded at $27,997 at press time. BTC dropped by 0.59% in the last 24 hours and witnessed a The post Bitcoin investors have every reason to maintain caution and this is why appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 98627.61 (-0.15%)
Объем 24H $59.929b
Изменеия 24h: 0.62 %, 7d: 8.57 %
Cегодня L: $98439.13 - H: $99414.82
Капитализация $1951.475b Rank 1
Цена в час новости $ 27953.6 (252.83%)

bitcoin btc investors caution every maintain reason

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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