Bitcoin seems to have established solid support at the $37k level, demonstrated by its swift recovery following a dip to $35,000 upon news about Binance’s SEC fine. While this rebound represents a 122% increase since the beginning of the year, there has been relatively minimal distribution of BTC during this period. A closer examination of […]
Bitcoin’s resilience at $37k backed by strong accumulation trend Bitcoin’s resilience at $37k backed by strong accumulation trend
Bitcoin holders expand their grip amid market recovery.
3 min read
Updated: Nov. 29, 2023 at 4:58 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.