Bitcoin Profitability Index Hits 221% – Bullish Data Reveals It’s Far From Past Cycle Peaks

Bitcoinist - 9 November 2024

Bitcoin Profitability Index Hits 221% – Bullish Data Reveals It’s Far From Past Cycle Peaks

Bitcoin has smashed through its all-time highs for the second day in a row, fueled by the recent US election results and a Federal Reserve interest rate cut of 25 basis points. Donald Trump’s victory has brought fresh optimism among investors, with many seein…

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