Bitcoin started the week on a strong note, rising above $70,000, with prices indicating a bullish outlook amid increasing correlation with the upcoming US elections, according to VanEck's Head of Digital Asset Research Matthew Sigel.
BTC hits $70K as investors lock eyes on US elections in November Bitcoin started the week on a strong note, rising above $70,000, with prices indicating a bullish outlook amid increasing correlation with the upcoming US elections, according to VanEck's Head of Digital Asset Research Matthew Sigel. Institutional investors have also shown positive sentiment toward crypto ETFs, which recorded net inflows totaling $901 million last week.
Bitcoin Cash Price Forecast: Technical and on-chain metrics suggest a rally ahead Bitcoin Cash continues to trade in green on Tuesday and is approaching its descending trendline; a successful close would suggest a bullish move ahead. On-chain data further supports the bullish thesis, as BCH’s long-to-short ratio is above one, and its funding rate is positive, all hinting at a possible rally ahead.
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