Bitcoin’s cooling period: A pause before the next ascent?

2024-11-26 20:02

With Bitcoin just shy of the $100,000 milestone, are profit-takers controlling the market, or is this a setup for another massive rally? BTC cools off Bitcoin (BTC) has had an exciting run recently, but it seems the party is taking…

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Bitcoin (BTC) на Currencies.ru

$ 92628.79 (-0.48%)
Объем 24H $91.122b
Изменеия 24h: -1.90 %, 7d: 0.15 %
Cегодня L: $90997.83 - H: $93057.9
Капитализация $1832.937b Rank 1
Цена в час новости $ 91035.05 (1.75%)

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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