A bitcoin momentum indicator has crossed a threshold that Glassnode also observed near the start of the 2019 and 2023 bull markets. The historical comparison strengthens the case for a recovery, though bitcoin still faces a test of demand. Bitcoin Signal Recalls Earlier Bull Markets Bitcoin has regained a momentum threshold that appeared near the […] from Bitcoin News https://ift.tt/ip4jhgc
The United States and Iran are reportedly discussing a phased arrangement that could reopen the Strait of Hormuz within roughly seven days in exchange for easing Washington’s blockade of Iranian ports, according to Reuters. No deal has been signed, and markets aren’t waiting around. Brent crude is hovering near $104, U.S. stocks are mixed, Treasury […] from Bitcoin News https://ift.tt/uBR5dsC