📊 $BTC #Matrixport : RSI indicator has reached its lowest p | Crypto News Aggregator by EXCAVO sur Binance Square

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📊 $BTC #Matrixport : RSI indicator has reached its lowest point since August last year. #Bitcoin  usually recovers from being oversold.

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🤔 $BTC #Matrixport : Bitcoin Dominance Reaches New Cycle High This cycle is all about Bitcoin. The clearest indicator of this is the Bitcoin dominance ratio, which has reached new highs for this cycle. Not even the launch of the Ethereum Spot #ETF has altered this trend. In fact, institutional interest in Bitcoin Spot ETFs is growing, with three pension funds, notably from Wisconsin and Michigan, already investing, and Jersey actively seeking SEC approval. This institutional support is bolstering Bitcoin prices and further increasing the Bitcoin dominance ratio.

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⛏ $BTC #CryptoQuant : At present, Bitcoin miners are attempting to recover their earnings after a significant drop due to the last halving, which reduced block rewards. The current average income is $30M/day, compared to $74M/day in May.

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