CryptoQuant: Bitcoin Returns to Key Cost Area, Nearly 7 Million Bitcoins Back in Profit
Foresight News reported that bitcoin has returned to a key cost area, resulting in nearly 7 million bitcoins returning to a profitable state, indicating that market confidence is recovering. CryptoQuant analyst @Crazzyblockk pointed out that bitcoin's return to these key cost basis areas marks a shift toward optimism both psychologically and structurally.
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.
You may also like
Yesterday, the net inflow of US spot Ethereum ETFs was $12.5 million.
Yesterday, the spot Ethereum ETF saw a net inflow of $9.09 million, ending a six-day streak of net outflows.
RootData: PUFFER will unlock tokens worth approximately $1.56 million in one week
Trending news
MoreCrypto prices
More
