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As Bitcoin (BTC) Approaches $59K, Buy Calls Hit 3-Week High

The overall cryptocurrency market cap has reached $2 trillion as Bitcoin continues to show strength making a move to $59K levels. Although, Bitcoin faces strong resistance at $60K its volatility has reduced as the BTC price is limiting its movement between $57K-$59K. With this happening, Bitcoin’s on-chain metrics show that its fundamentals continue to improve

The overall cryptocurrency market cap has reached $2 trillion as Bitcoin continues to show strength making a move to $59K levels. Although, Bitcoin faces strong resistance at $60K its volatility has reduced as the BTC price is limiting its movement between $57K-$59K. With this happening, Bitcoin’s on-chain metrics show that its fundamentals continue to improve