Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience


$ 117,377.3
€ 100,613.2
¥ 38,800.0
£ 87,353.8
BTC
1.97 %
$ 3,869.69
€ 3,317.05
¥ 1,279.38
£ 2,879.51
ETH
5.40 %
$ 258.17
€ 220.51
¥ 85.10
£ 191.46
XMR
-8.91 %
$ 122.56
€ 105.06
¥ 40.50
£ 91.22
LTC
2.85 %

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor ResilienceBitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong Market Confidence […]

Author: