Bitcoin Core: v31 Adoption Reaches 2.4% | Flash News Detail | Blockchain.News
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5/3/2026 9:51:00 AM

Bitcoin Core: v31 Adoption Reaches 2.4%

Bitcoin Core: v31 Adoption Reaches 2.4%

Bitcoin Core v31 adoption hits 2.4%, surpassing v30, with BIP-110 chart updates; BTC price at $78470.83 shows bullish trends amid crypto market updates.

Source

Analysis

Bitcoin Core v31 adoption climbs to 2.4%, overtaking the outdated v30 version, as BitMEX Research reports in their latest update. This shift underscores growing network upgrades in the BTC ecosystem, with the BIP-110 activation chart now featuring a signaling blocks counter inspired by @w_s_bitcoin. Traders eye this amid broader crypto market crash recoveries and BTC price prediction models, while viral trends like TAO and Bitcoin dominance fuel speculation.

Technical Confluence on BTC's 4H Chart

Price action on BTC's 4-hour chart holds firm at $78470.83, riding a bullish trend with the EMA50 at $77393.71 acting as immediate support and the EMA200 at $74603.34 reinforcing longer-term floors. MACD flashes a golden cross at 420.42, signaling sustained upward momentum, yet RSI at 59.99 stays neutral, hinting at room for more gains without overbought exhaustion. Volatility squeezes inside the Bollinger Bands, testing the upper resistance at $79558.34 while lower support at $75811.65 guards against pullbacks—expect a probe toward that upper band before any retracement, aligning with macro AI industry impact on blockchain scalability.


BitMEX Research

@BitMEXResearch

Filtering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.