Cryptocurrencies: 29427
Markets: 111511
Market Cap: $2,200,614,972,672     
24h Vol: $52,342,626,933
cryptonews 2023-02-07 21:39:00

Bitcoin Investors Are Back in Profitability – Does this Mean the Bear Market Capitulation Phase is Over?

In wake of a month of explosive upside, “Bitcoin is consolidating above the on-chain cost-basis of several cohorts,” crypto analytics firm Glassnode said in their latest weekly on-chain newsletter. As a result, this has put “the average BTC holder into a regime of unrealized profit, and demonstrates a potential turning of the macro market tides is underway,” Glassnode claims.... Read More: Bitcoin Investors Are Back in Profitability – Does this Mean the Bear Market Capitulation Phase is Over?
esptco-banner img

Videos
  • How to buy Bitcoin (BTC) from Binance?

  • Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!

  • Tether USDT Coin : What It Is & What You Can Do With It? Simply Explained!

  • Hardware vs Software Wallets: Which One is Better for You?

Our Partners