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Coin-Turk 13 minutes ago
56
As the U.S. market opened, Bitcoin (BTC) 
$97,206 experienced a rapid surge to $97,440, marking a day of renewed activity in the cryptocurrency sector. Many cryptocurrencies saw gains exceeding 5%, with BTC rising by 3% on the day. Those expecting a downturn may face disappointment as the market showcases a positive momentum.
Insights on Bitcoin (BTC)
There are key indicators to monitor for the cryptocurrency peak. Current data suggests that BTC has not yet reached its cyclical peak. Popular crypto analyst Jelle recommends examining the MVRV-Z metric to assess BTC’s position in the market. The analysis indicates that there is still room for growth.
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