The Crypto-Equities Surge as BTC Holds above the key level leading to US Market Open
Crypto-equities rebound after Donald Trump’s Crypto Strategic Reserve announcement. In just the time until the US market opens, Bitcoin (BTC) remains over $ 92,000, recovering from its recent collapse to $ 78,000.
As a result, crypto-related stock decreases by about 50% from the high November. Coinbase (coins) and Mara (Mara) gained 10%, and Iren (Iren) rose 11%.
Glassnode data shows that Bitcoin also went to the top of the short-lived priced price (STH RP) that was priced at $ 92,107, a major scale that monitored the average on-chain cost for investors in the past 155 days. Historically, the handling above this level indicates a continuation of the bullish, even though temporary dips occurred, such as October 2023 and 2024, before reversal.
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