
Bitcoin tests key threshold as short-term holders cash out and institutions buy in
Bitcoin (BTC) rose to $94,300 this week and is now testing a pivotal price level as short-term holders begin to realize profits and institutional interest strengthens, creating a “decision point” moment for the market. According to a report from Glassnode on April 24, BTC’s price hike momentarily broke above the Short-Term Holder (STH) Cost Basis,…