#breaking news #Bitcoin just formed a Golden Cross! 🌟 According to IntoTheBlock, the Bitcoin market value to realized value (MVRV) ratio reveals that, despite reaching yearly highs, Bitcoin is not as overheated yet as during previous bull markets.

Historically, Bitcoin bull markets have peaked at 300%+ MVRV, which, when compared to the current figure, indicates that the bull market has room to run even further.

According to a recent CryptoQuant analysis, Bitcoin is seeing increased interest among indirect investors.

This is due to the Fund Holding index recently reaching its highest level in two months. This index, which measures the total quantity of coins held by asset-holding entities such as trusts, rose dramatically in response to news of probable Bitcoin ETF approval in the United States.#USDT #etf