Market Cap: $2,621,982,561,711
24h Vol: $44,162,049,969
Cryptocurrencies: 30019
Markets: 116516
Cryptocurrencies: 30019
Markets: 116516
Market Cap: $2,621,982,561,711     
24h Vol: $44,162,049,969
cryptonews 2023-02-07 21:39:00

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

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?
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