Market Cap: $3,811,914,659,354
24h Vol: $95,467,003,561
Cryptocurrencies: 27289
Markets: 108940
Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
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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