Bitcoin’s [BTC] price action once again gained bullish momentum as its value surpassed the $70k mark after plummeting under $66k.
regained its bullish momentum over the last few hours, as the king coin’s value surpassed the $70k mark after plummeting under $66k., BTC was up by 3% in the last seven days. In fact, over the last 24 hours, its value surged by over 4%At the time of writing, BTC was trading at $70,310.91 with a market capitalization of over $1.38 trillion.
The analysis chart showed that the Bitcoin long-term holder SOPR had more spikes since the beginning of March.In fact, long-term holders continued to be more active as per the latest data as well. AMBCrypto’s analysis of CryptoQuant’sIf they were moved for the purpose of selling, it may have a negative impact.
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