Bitcoin Price Up 3% as New BRC20 Token 99Bitcoins Raises $1M in ICO

Crypto Blog

Bitcoin has rallied almost 3% over the past 24 hours, showing signs of recovery from its recent dip. Just two days ago, BTC dropped below the $60,000 mark, reaching as low as $56,500, causing some concern across the market. However, signs of a steady recovery are apparent as we move forward into the post-halving pattern.

With movements over the past 24 hours showing a positive market sentiment, the Crypto Fear & Greed indicator for Bitcoin has moved from fear to neutral. This is a sign that some of the more skittish investors are being reassured by the slight increase in the price of BTC. Now that BRC20 is maturing, we’re starting to see many investors pour into the BRC20 space, enjoying the exposure to the price of Bitcoin at a low entry point while being able to create fungible tokens from fractions of Bitcoins.

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