Bitcoin Profitability Remains Strong Despite Market Volatility

A recent analysis by Glassnode reveals a positive trend in Bitcoin profitability despite market fluctuations. According to Foresight News, 99% of Bitcoin’s supply is currently profitable, with this figure even higher during the July market pullback at 95%. This robust indicator demonstrates investor confidence and resilience as it holds within its +1σ range, indicating continued support for unrealized gains despite volatility.