Bitcoin Records 40% Quarterly Gain Amid Bull Market Signals
Bitcoin has achieved a 40% gain over the past quarter, marking its strongest performance since Q4 2024. The asset has benefited from investor interest in the 'debasement trade' as U.S. national debt surpassed $40 trillion. Despite high bond yields and the failure of the Clarity Act, CryptoQuant reports that Bitcoin has re-entered a bull market after crossing its 365-day moving average. The price recently traded near $83,698, recovering from a significant decline following its October all-time high of $126,080.
Summaries are written by AI from the original article. Not investment advice.