What’s Driving Bitcoin’s Rise? Glassnode and CryptoQuant CEOs Explain
Key Highlights Bitcoin surged past $85,000 as short-position liquidations between $82,000 and $86,000 accelerated upward momentum, according to Glassnode on-chain data. CryptoQuant CEO Ki Young Ju confirmed Bitcoin has reclaimed the critical 365-day moving average at approximately $83,000, a level widely watched to signal the end of the bear market. Analysts suggest sustained trading above ...
