Fork Monitor has upgraded to Bitcoin Core v30 and now supports Bitcoin Knots 0.29.1 and Libre Relay 29.1, improving real-time monitoring of node behavior and consensus status.

This latest update offers traders a comprehensive dashboard to track active nodes by implementation and version, helping identify divergences in block heights and policy shifts that may affect transaction confirmation times.

Market sentiment around this upgrade is bullish, with social media buzz and technical indicators like RSI suggesting short-term buying opportunities for both scalpers and long-term investors.

The rollout of Bitcoin Core v30 marks a significant milestone, enhancing network reliability and security, which could positively influence market sentiment and trading strategies amid ongoing infrastructure upgrades.

Historically, major Bitcoin software updates have triggered short-term volatility, with trading volumes increasing by 10-20% within 24 hours and prices often supporting levels around $60,000 with resistance near $65,000.

The update could bolster Bitcoin’s appeal by aligning its movements with traditional stock markets, especially as Bitcoin often correlates with tech stocks and institutional flows into Bitcoin ETFs have surged, potentially boosting trading volumes and arbitrage opportunities.

Enhanced node support and network stability are likely to benefit AI-driven trading bots and decentralized applications, encouraging long positions in BTC futures and contributing to overall network health.