Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details

18-Sep-2024 Cryptocurrency Coins

Bitcoin is at a crucial point after several days of recovery and consolidation. On August 5, it experienced a sharp capitulation event, with the price dropping to a monthly low of $49,577. While some investors remain skeptical, believing Bitcoin hasn’t reached its bottom yet, key data from CryptoQuant suggests that the worst might be over. […]

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Also read: Ethereum’s Average Staker Revenue Drops Sharply As Network Activity Declines

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