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Bitcoin (BTC) on-chain metrics support gains in Bitcoin, however, historically the largest cryptocurrency has yielded negative returns for traders in the month of September. The ongoing cycle is considered different from previous ones with Bitcoin Spot ETFs approved this year and rising institutional demand for the asset. BTC price could sustain above key support at $60,000, if institutional capital continues to flow into Bitcoin ETFs and drives consistent demand for the cryptocurrency.
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TON; rallies following Telegram CEO Pavel Durov's release from custody Pavel Durov, Telegram's founder, was released on Wednesday from French custody after four days. The release was on several terms, including that Durov does not leave the country.
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