Bitcoin must reclaim $85K to overcome long-term holder selling, Glassnode says
Bitcoin's struggle to surpass $85K highlights the tension between long-term holder resistance and emerging support, impacting market dynamics. The post Bitcoin must reclaim $85K to overcome long-term holder selling, Glassnode says appeared first on Crypto Briefing.
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Finance
From the blog
Finchb Telegram Wallet Rewards Players with USDC and SOL for Flying
Finchb has launched Solana Bird, a game inside its Telegram wallet where players earn real USDC and SOL by flying…
Elara Winter4 min read
Analyst Urges XRP Investors To Note Ripple’s Latest Move
Analyst X Finance Bull highlighted Ripple's Treasury platform expansion, noting its potential to capture a share of the massive global…
Elara Winter3 min read
Analyst Cites Franklin Templeton Remarks to Boost XRP, XLM, and HBAR Outlook
Franklin Templeton has built something institutional finance has never seen before. Sandy Kaul, the firm’s Head of Innovation, appeared in…
Elara Winter3 min read