Crypto-Equities Rise Following Bitcoin’s Recovery Above $92,000
Crypto equities have rebounded following Donald Trump's announcement of a U.S. crypto strategic reserve. Bitcoin (BTC) remains above $92,000, recovering from a recent drop to $78,000.
- Strategy (MSTR) gained 12% after a 50% decline from its November high
- Coinbase (COIN) and MARA (MARA) rose by 10%
- IREN (IREN) increased by 11%
Glassnode data indicates bitcoin surpassed the Short-Term Holder Realized Price (STH RP) of $92,107, a key indicator for investors. Holding above this level has historically suggested bullish trends, although temporary dips occur.
