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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows

NewsBTC LogoNewsBTC11h ago

Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows - NewsBTC

Quick Summary:

This unexpected news has fueled Bitcoin’s recent volatility, with prices swinging unpredictably in the past weeks.  Related Reading: Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals Crucial on-chain data from CryptoQuant is providing a glimmer of optimism.

Bitcoin Data Showing Market Optimism Bitcoin is trading above $63,000 and gaining momentum as it prepares to break past the critical $65,000 mark.  On-chain data from CryptoQuant reveals growing market optimism, highlighting a significant trend that could drive prices higher.

Related Reading: Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024 These levels are vital for establishing continued upward momentum.

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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows - NewsBTC (Picture 1)Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-24 @ 07:30:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 56 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22238423

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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The story "Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows" has 388 words across 56 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows" was covered 11 hours ago by NewsBTC, a news publisher based in United Kingdom.

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NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United Kingdom and publishes an average of 5 news stories per day.

It's most recent story was published 13 hours ago.

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  • News ID: #22238423
  • URL: https://beamstart.com/news/bitcoin-btc-ready-to-break-17244867814767

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