Will Bitcoin mining help BTC cross $86K? Breaking down the odds

2024-6-17 05:00

Bitcoin’s price declined by more than 4% in the last 24 hours.  Most market indicators and metrics hinted at a further price drop.  Bitcoin [BTC] has struggled to turn bullish over the lThe post Will Bitcoin mining help BTC cross $86K? Breaking down the odds appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 97046.13 (-0.48%)
Объем 24H $97.5b
Изменеия 24h: 2.84 %, 7d: 8.96 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1920.102b Rank 1
Цена в час новости $ 66171.46 (46.66%)

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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