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Bitcoin (BTC) Surpasses Key Averages Amid Investor Resilience and Federal Reserve Rate Cut Coinotag 3 dagen geleden

Bitcoin (BTC) Surpasses Key Averages Amid Investor Resilience and Federal Reserve Rate Cut 📈

Bitcoin Federal Reserve

The latest Glassnode onchain report highlights that Bitcoin (BTC) has surpassed the short-term holder cost basis of $61,900. This indicates positive sentiment among short-term investors.

Additionally, Bitcoin has also crossed the 200-day moving average (MA) of $63,900. Surpassing this significant technical indicator underscores increased market confidence in Bitcoin.

This positive movement in Bitcoin’s price follows the Federal Reserve’s recent rate cut, adding another layer of investor optimism.

Bron: en.coinotag.com ↗

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