Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $ 100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution …
Bitcoin has reached a historic $ 100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $ 131 trillion in transaction volume, a $ 2 trillion market cap, and increasing institutional adoption. Bitcoin’s $ 131 Trillion Journey According to Glassnode’s latest onchain report, bitcoin (BTC) has crossed a …
Bitcoin’s price surge toward $ 100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $ 2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are …
In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious. Bitcoin Reclaims Short-Term Cost Basis According to Glassnode, bitcoin’s price has risen above […]
Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $ 61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong …