Why is Bitcoin up today? THIS is a major reason behind BTC’s rise

Quick Summary:

Bitcoin's performance over the last 24 hours has surprised many, particularly retail traders who had wagered against it.

Typically, a rising exchange reserve suggests a bearish outlook due to the ease of selling in liquid markets.

In the last 24 hours, Bitcoin [BTC] has appreciated by 4.13% and was trading at $57,054.21 at press time.

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Article Details

Author / Journalist: Olayiwola Dolapo

Category: Crypto

Markets: United States

Topics: Bitcoin Trading View Ambcrypto BTC Trading View News 1 News Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 19:00:47 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 22451940

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 34 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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: #103

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