Market News / Story
Is Bitcoin Headed to $81,000? What On-Chain Data Shows
Beincrypto ·
Beincrypto reports: Bitcoin slipped back below $85,000 this week, days after its first daily close above that level. Glassnode data shows the move came on weak trading volume, with new capital arriving slowly. The firm now flags $81,000, home to the largest buy orders on Binance, as the next level to watch. Why Does Bitcoin Price Keep Fading After US Data? Federal Reserve minutes released on Wednesday showed most officials saw another hike this year as likely appropriate. Bitcoin slid into…