Bitcoin Surges Above $110K, With Only 9% of Supply Currently In Loss

Bitcoin has recently soared past the $110,000 mark, and despite a minor market dip, data reveals that only 9% of BTC supply currently holds losses. This resilience signifies strong underlying support within the cryptocurrency space, contrasting with previous market cycles where a much larger portion of Bitcoin’s supply was in loss. Analysts believe this relatively shallow dip compared to historical lows hints at a healthy correction rather than an impending crash. With institutional adoption and bullish macroeconomic factors driving the market upward, experts expect Bitcoin’s trajectory to continue its positive trend despite recent fluctuations.