Thursday, April 25, 2024
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Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity

Bitcoin’s price action suggests that the asset remains in a precarious position, and a recent report from ARK Invest says that short-term Bitcoin investors had no choice but to capitulate in August, as the percentage of Bitcoin supply in profit fell by 14 percentage points. Bitcoin market sentiment and monthly valuation change in

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Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses

Bitcoin's (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals.In one of its Quicktake market updates on Sept. 29, on-chain analytics platform CryptoQuant flagged intense selling by a large number of recent hodlers.2021 bull market coins "have been sold

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Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months

Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks take BTC price south againData from Cryptox Markets Pro and TradingView showed BTC/USD returning to near $31,000 at the start of trading after

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