New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode

Publikováno: 2.10.2024

#Featured #Bitcoin #capital inflows #cost basis #Cryptovizart #Federal Reserve #glassnode #market momentum #Onchain analysis #perpetual futures #Ukuria OC

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New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode

In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious. Bitcoin Reclaims Short-Term Cost Basis According to Glassnode, bitcoin’s price has risen above […]