Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every fifteen minutes

Why Stacks Price Is Rising: Bitcoin Staking Demand Is in Focus

Picture: Coinpedia

Stacks price is attempting to extend its recovery as Bitcoin staking attracts attention, but stronger network activity is needed to reinforce bullish momentum Holding above $0.40 could open the door toward $0.50, while a break below support may weaken the recovery and trigger brief selling pressure Ever since the Stacks (STX) price rebounded from the yearly lows to close at $0.11, it has maintained a strong upward trend. The price has surged by more than 220%, reaching $0.42, and has also broken above a crucial resistance zone at $0.40.

You are reading an excerpt. Coinpedia wrote and owns the full article.

Continue reading at coinpedia.org

Related stories

More crypto news

All Crypto & Bitcoin