<ul><li>Bitcoin's Short-Term Holder (STH) cost-basis model is crucial for gauging sentiment among new investors.</li><li>On-chain data reveals a $12,000 void between $87,000 and $75,000 with little support for Bitcoin in this range.</li><li>The U.S. Department of Justice (DOJ) is preparing to sell $6.5 billion worth of Bitcoin seized from Silk Road and related cases.</li><li>MicroStrategy continues to solidify its position as a major Bitcoin holder, with its latest $101 million investment increasing its share of the total Bitcoin supply to 2.1%.</li></ul>

Bitcoin Market Update: Key Metrics and Influences Shaping 2025

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