Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery. Bitcoin STH Supply In Profit Is Currently Under 50% In a new post on X, Glassnode has talked abou…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has … [+2820 chars]
Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode - FHMnews