Bitcoin recovers as momentum shifts to bulls

in Steem Links • 3 years ago

pasted image 0-637631369392575936.png

Bitcoin recovers as momentum shifts to bulls
CRYPTOS | 7/29/2021 6:33:29 AM GMT
Bitcoin’s price has quickly recovered from under $30,000 to over $40,000 within ten days. Many pointed to rumors of Amazon accepting Bitcoin following a crypto-related job posting, but the recent price increase is more likely being driven by a shift in derivatives markets’ microstructure. Using IntoTheBlock’s derivatives metrics we can better understand the momentum of the recent move and the dynamics at play.

Read more at:Bitcoin recovers as momentum shifts to bulls

3 years ago in Steem Links by
$0.34
  • Past Payouts $0.34, 0.00 TRX
  • - Author $0.17, 0.00 TRX
  • - Curators $0.17, 0.00 TRX
10 votes
Reply 0

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 62449.67
ETH 2429.76
USDT 1.00
SBD 2.58