![Bitcoin Supply Spikes As Mt. Gox Moves BTC: What’s Next For Price?](/image/6684bfe00fd04.jpg)
Bitcoin remains within an uptrend from a top-down preview, looking at the performance in the daily chart, especially in Q1 2024. Bulls appear to be taking over, with the coin floating above $60,000. There Is Oversupply In Bitcoin: Will Prices Fall? Not everyone is convinced that the uptrend will last, at least based on on-chain
Bitcoinist
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Source: Bitcoinist
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SafePal Now Officially Supports MultiversX #EGLD
![**SafePal Officially Supports MultiversX #EGLD** In a recent development, SafePal, the renowned cryptocurrency wallet provider, has officially announced its support for MultiversX (formerly Elrond) and its native token $EGLD. This support is expected to bolster the utility and accessibility of MultiversX within the SafePal ecosystem, allowing users to seamlessly manage their $EGLD assets. Announced just](/image/6687b6133edd1.jpg)
**SafePal Officially Supports MultiversX #EGLD** In a recent development, SafePal, the renowned cryptocurrency wallet provider, has officially announced its support for MultiversX (formerly Elrond) and its native token $EGLD. This support is expected to bolster the utility and accessibility of MultiversX within the SafePal ecosystem, allowing users to seamlessly manage their $EGLD assets. Announced just Bitcoinist
![Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and a 24-hour trade volume of $54 billion. Bitcoin Bitcoin’s 1-hour](/image/6687dcbe401a5.jpg)
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and a 24-hour trade volume of $54 billion. Bitcoin Bitcoin’s 1-hour Bitcoinist