Bitcoin Surpasses $62,000 After Fed Rate Cut 📈
- Bitcoin surged past $62,000 after the US Federal Reserve cut interest rates, leaving 88% of BTC holders in the black.
- Analysts remain bullish on BTC, predicting further gains if it breaks above the $65,000 resistance level, opening the door to a prolonged bull run.
- Data from IntoTheBlock shows that 71% of BTC holders are long-term investors, while only 5% have joined in the past 30 days.
- Tron (TRX) also has 94% of investors in the black, despite a slight price drop over the past week.
🌐#Blockchain#Cryptocurrency