News Formal

Bitcoin at $25,000: Market optimism triggers return of ‘buy the dip?’

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BTC’s price briefly touched the $25,000 price mark last week for the first time since June 2022. On-chain activity suggested that investors anticipate that prices will rally past that point soon. Amid tightening regulatory oversight, and negative investors’ sentiment, Bitcoin’s [BTC] price momentarily traded above the $25,000 price mark last week. While this represented a […]

BTC’s price briefly touched the $25,000 price mark last week for the first time since June 2022.Amid tightening regulatory oversight, and negative investors’ sentiment,While this represented a new price action for the king coin for the first time since mid-June 2022, Glassnode, in a new

Glassnode assessed BTC’s Short-term Holder Dormancy metric on a 30-day moving average and found that in the current market, short-term holders “are spending coins with a more extended holding period.” According to the report:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-MP says Canada has become ‘open market’ for foreign interference in elections - Terrace StandardKenny Chiu says he’s frustrated that more isn’t being done by Parliament to counter
Source: TerraceStandard - 🏆 24. / 68 Read more »

Hedera co-founder Mance Harmon on performance amid bear marketHedera co-founder Mance Harmon comments on the growth of his DLT firm amid the bear market. The co-founder expects more use cases in the supply chain NFT space to boost Hedera’s popularity. Mance Harmon, the man behind the popular layer 1 DLT Hedera, recently appeared in an interview on Paul Barren Network. The interview saw […]
Source: CryptoAmb - 🏆 22. / 68 Read more »