Bitcoin

Bitcoin has recently broken below the $60,000 support level for the first time in two months. This comes after a period of euphoria surrounding the world’s largest digital asset, particularly following the launch of Spot Bitcoin ETFs in the US market. According to a report from Glassnode, an on-chain analytics firm, the euphoria phase that
Cryptocurrency analyst and trader Lark Davis has identified several significant developments in the Bitcoin ecosystem that have the potential to trigger an even more intense bull cycle than previously anticipated. Davis delves into the revolutionary changes taking place, such as institutional and global acceptance, that could accelerate the current bull market. One of the key