March 20 BTCUSD BingX Chart Analysis and Today's Headline

Bitcoin is up 0.05% over the last 24 hours and rose to an intraday high of $28350.44. Buyers currently have an advantage in the market as indicated by the rising 20-day exponential moving average at $24,102 and the relative strength index (RSI) in the overbought territory. If the price manages to break above the $28,500 mark, it could trigger a surge in momentum and push the rally towards $30,000, and potentially even $32,000.

Today’s Cryptocurrency Headline

Stacks Activates Version 2.1

According to the official Twitter account, the Bitcoin Layer 2 network, Stacks, has activated version 2.1. The new version includes improvements to Stacking mining efficiency and an upgrade to the Clarity language. Additionally, this upgrade will enable miners to mine using a native segwit or taproot UTXO, thereby increasing mining decentralization. Stacks 2.1 also unlocks the ability to send Stacks assets directly to Bitcoin addresses.

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