
Bitcoin price hit a new all-time high of $76,825 on Thursday, November 7, and continued to consolidate above the $76,000 level on Friday.
On-chain data trends show unusually high demand for BTC among US-based traders on Coinbase over the past two weeks.
With the US Fed’s 25-basis-point rate cut further fuelling bullish momentum, is BTC price poised for a major breakout above $80,000?
Bulls eye more gains after Fed rate cut as BTC Holds $76K
Bitcoin price has been on the uptrend over the past week, initially fuelled by Donald Trump’s victory at the November 5 polls.
However, the
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