Bitcoin (BTC) recovered slightly on Monday, extending the weekend’s recovery after prices bounced from key support at $54,000 on Friday.
Bitcoin recovers slightly after testing key support at $54,000 Bitcoin recovered slightly on Monday, extending the weekend’s recovery after prices bounced from key support at $54,000 on Friday. This slight recovery amid the mild increase in the Coinbase Premium Index during the weekend. However, the recovery could be short-lived as on-chain data continues to lean to the downside, as shown by falling daily active addresses and a negative OI-weighted funding Rate.
Quant price is poised for a rally as on-chain data and price action show a bullish outlook Quant’s price, the token of a London-based blockchain technology company dedicated to improving network interoperability, recently broke out of a falling wedge pattern, hinting at a potential rally.
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