Bitcoin re-visits 2017 highs: Will it trigger recovery?

In January 2017, Bitcoin breached the $1000 benchmark, creating a new record high at that time. By mid-December that year, the asset already inclined to a new peak at around $19.7k. Fast forward to today, the largest crypto asset is currently trading at levels at par with 2017’s highs.


In fact, “Checkmatey,” the pseudonymous lead on-chain analyst at Glassnode, took to Twitter to highlight that Bitcoin’s realized dominance currently stood at 59% and was “rising.” As illustrated below, the curre

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