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#Could BTC break the $60K-$70K range soon? After significant adjustments, Bitcoin has finally witnessed some positive movements on the price chart, with BTC rising nearly 5% in just 24 hours. Currently, at the time of writing, BTC is trading at $62,850. This upward trend has seen the cryptocurrency’s price surge from $57,000 in just a few days, potentially signaling a more favorable direction for the cryptocurrency market.
This positive development coincides with revelations from the co-founder of Apollo Sats, who recently emphasized a significant change in the M2 Money Supply. According to the CEO, the M2 Money Supply has transitioned from negative to positive on an annual basis, starting from May 1st.