VanEck Research Director: Bitcoin NUPL is about to break through 0.5
Odaily2024/07/15 12:38
By:Odaily
Odaily News Matt Sigel, head of digital asset research at VanEck, wrote on the X platform that
Bitcoins net unrealized profit/loss (NUPL) is about to break through 0.5, calling it a key sentiment shift. The last time this happened was on February 8, when Bitcoin rose from $45,000 to $73,000 (+62%) in 34 days.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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