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Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term Bullishness
Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4
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Ethereum's short-term bullishness dominates, with a decrease in trading supply suggesting further increases.
The continuous bullish candles stimulated Ethereum to reach its June high.The sustained bullish momentum may reverse the market structure over a longer period of time