Bitcoin jumped as markets reacted to the Fed’s dovish signals and rising BTC accumulation by long-term holders.
Bitcoin (BTC) price has jumped by 4% in the last 24 hours to reach over $86,000 on March 20. At its intraday high, the cryptocurrency was trading for $87,470, signaling modest profit-taking among traders.
BTC/USD four-hour price chart. Source: TradingView
Top catalysts that have driven Bitcoin prices higher today include:
