The cryptocurrency remains resilient above the $60,000 mark, signaling stability in the market. here are positive indicators suggesting Bitcoin's potential to maintain its price level. Notably, network fees have offset operational costs for miners, and mainstream adoption through Spot Bitcoin ETFs presents opportunities for price surges. Additionally, on-chain data reveals ongoing accumulation of Bitcoin by short-term holder whales, further bolstering confidence in the cryptocurrency's resilience. As Bitcoin navigates these challenges, its ability to defend the $60,000 price level underscores its strength and potential for sustained growth in the crypto market.
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