Bitcoin News on 10-August-2024

 Here are some of the latest Bitcoin news ¹ ² ³:


- *Bitcoin Price*: Bitcoin's price is currently ranging from $60,425.52 to $60,696, which is a slight drop from the previous day's price.

- *Bitcoin Bull-Bear Cycle*: The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.

- *Crypto Market*: The crypto market is up today as bears succumb to heavy liquidations and improvements in the stock market boost investor sentiment.

- *Trump Jr.'s DeFi Platform*: Trump Jr. is planning to launch a DeFi platform, which could gain significant mainstream attention for the crypto industry.

- *Bitcoin's All-Time High*: Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts and potentially lead to a new all-time high.

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