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

    • Post author:MiamiCrypto
    • Post published:September 25, 2024
    • Post category:Bitcoin/capital inflows/Federal Reserve/Glassnode/investor resilience/Market Sentiment/Market Updates/MAS/Moving Averages/perpetual futures/Short Term Holders/unrealized losses

    Bitcoin 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,…

    Continue ReadingBitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience
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