Bitcoin, the world’s leading cryptocurrency, has been experiencing a period of sideways movement around the $59,000 mark. Despite this recent stability, new indicators suggest that a significant price surge could be on the horizon. Increased activity from Bitcoin “whales”—large holders of the cryptocurrency—might signal the start of a short-term rally.
Current Market Overview
Over the past 24 hours, Bitcoin (BTC) has seen a slight uptick, rising by 0.6% to trade at $58,900, with a brief spike reaching $60,680.·
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