At spot rates, Bitcoin is resilient, soaking in selling pressure and bouncing off the 20-day moving average, as evident in the daily chart.
The on-chain analytics firm Glassnode revealed in its latest weekly report that demand for Bitcoin has slowed recently.
On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) as capital has been flowing into the coin at unprecedented rates.
On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) with the latest rally in the cryptocurrency’s price.
Willy Woo, an on-chain Bitcoin (BTC) analyst, is sounding the bullish alarm, citing strong demand and dwindling supply as reasons for optimism.
On-chain data from Glassnode suggests the role of Bitcoin miners in the asset’s valuation has been going down over the years.
The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1.
On-chain data shows the Bitcoin price is now making a retest of its realized price, can this help push the asset’s value back up and restart the ra
On-chain data shows the Bitcoin price has now once again dipped below the realized price, suggesting the bear market may not be over afterall.
The current trend of the Bitcoin realized cap has formed a pattern that has historically been a bullish signal for the crypto’s price.
