Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode
Bitcoin’s 30-day smoothed realised revenue common contracted roughly 63%, from above US$1 billion (AU$1.41 billion) to roughly US$370 million (AU$522 million) per day. About 57% of Bitcoin provide at present sits in revenue, breaching a statistical threshold that traditionally preceded prolonged bear markets in Could 2022 and November 2018. ChoicesContinue Reading










