Meanwhile, bitcoin selling by long-term investors has tripled since June, as buyers who entered near $93,000 take profits.
Dogecoin, Cardano Lead Selloff on Profit-Taking, Gold Pulls Back as China Ends Tax Rebate
Meanwhile, bitcoin selling by long-term investors has tripled since June, as buyers who entered near $93,000 take profits.
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BTC looks north as Fed rate cut looms. But one key resistance is yet to be cleared.
Bitcoin's Death Cross, a bearish signal, occurred as the 50-day moving average fell below the 200-day moving average.
Short-term bitcoin holders have sold over 100,000 BTC since February.
Prominent financial advisor Ric Edelman says investors should consider putting as much as 40% of their wealth into cryptocurrency, a bold recommendation that reflects how far digital assets have come