Cryptocurrencies: 28960
Markets: 114116
Market Cap: $2,557,594,794,866     
24h Vol: $95,209,059,350
CoinGape 2021-01-24 07:20:35

No More Bitcoin (BTC) Selling As On-Chain SOPR Resets to 1

The possibility of any more Bitcoin (BTC) selling further seems to be negligible as of the current price levels. The on-chain SOPR (Spent Output Profit Ratio) indicator presented by Glassnode shows that it has reset to 1 after the recent price correction earlier this week. The SOPR indicator serves as a proxy to determine the The post No More Bitcoin (BTC) Selling As On-Chain SOPR Resets to 1 appeared first on Coingape.
esptco-banner img

Videos
  • Litecoin: What is Litecoin? EXPLAINED!

  • What is Bitcoin Mining? Step By Step Process!

  • Ethereum Explained: What is Ethereum & How Does it Work? Simply Explained!

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

Our Partners