Bitcoin's jump above $71,000 sets up bullish golden cross pattern

Bitcoin’s improving momentum could produce a golden cross, but the rally still faces an important test.

A golden cross would form if bitcoin’s rising 50-day moving average crosses above its 200-day moving average, a pattern widely regarded as a bullish long-term signal.
Bitcoin has gained more than 12% in a week and moved above its 200-day simple moving average at $69,005.

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Original sourceCoinDesk

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.