Cryptocurrency markets are experiencing profit-taking amid positive economic indicators. Traders are adjusting their portfolios as signs of optimism emerge, with Bitcoin trading above $107,000 despite recent market corrections. […]
Bitcoin Investors Hit Profit Highs After Record-Breaking Rally
Bitcoin investors have embarked on a wave of profit-taking following the cryptocurrency’s recent all-time high above $111,000. While Bitcoin has since retreated to around $105,000, traders are capitalizing […]
Ethereum Rally Hit by Resistance Near $2,580 as Profit-Taking Occurs
Ethereum experienced a notable surge from $1,800 to $2,500 driven by low concentration of holdings in that price range, according to on-chain data from Glassnode. However, this upward […]
Bitcoin Undervalued? Key Indicator Signals Profit-Taking Phase.
While Bitcoin has rallied past the $85K-$70K accumulation range to regain the $100K milestone, a key on-chain indicator suggests potential profit-taking. The Short-Term Holder Spent Output Profit Ratio […]
Bitcoin Holders Brace for Potential Profit-Taking as Market Uncertainty Looms
A recent report by on-chain analytics firm Glassnode reveals that long-term Bitcoin holders (LTH) holding the cryptocurrency for over six months are currently in a position to realize […]