Bitcoin (BTC) $100,776.87 -3.02%
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Cryptocurrencies: 27846

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Market Cap: $3,350,465,516,360

24h Vol: $162,289,815,217

CoinGape

2022-12-23 16:10:58

Bitcoin On-Chain Data Shows Sharp Drop In Sell-offs, Is A Christmas Rally Ahead?

Bitcoin On-Chain Data Shows Sharp Drop In Sell-offs, Is A Christmas Rally Ahead?

Bitcoin price struggles to show a strong upside move as traders anticipate more BTC price fall due to miner capitulation and selloffs by whales. However, on-chain data indicates a sharp fall in selloffs by miners and whales. The Bitcoin price currently trades near $17,000. The U.S. PCE data for November comes in at 5.5%, which The post Bitcoin On-Chain Data Shows Sharp Drop In Sell-offs, Is A Christmas Rally Ahead? appeared first on CoinGape .

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