menu
techminis

A naukri.com initiative

google-web-stories
source image

Cryptonews

3w

read

375

img
dot

Analysts Say Bitcoin’s $2.1T Market Cap And $1.2T In Unrealised Gains Signal a Maturing, HODL-Driven Rally

  • Bitcoin experienced a 4% intraday rally, falling short of surpassing US$110k, flipping most investor cohorts back into profit after bouncing from US$98k support.
  • HODLing behavior dominates as profit-taking remains muted at US$872 million daily, with Long-Term Holder supply reaching a record 14.7 million BTC.
  • Demand indicators show steady buying pressure, US$298 million weekly inflows to spot-Bitcoin ETFs, and stablecoin reserves suggesting ample sideline capital.
  • Bitcoin's implied volatility dropped to two-year lows, indicating a transition from a speculative asset to a volatile macro asset according to analysts.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app