Bitcoin stays calm into the weekly close with BTC price performance clinging to a familiar range.
Picking up on active Bitcoin market participants, meanwhile, popular trader and analyst CryptoCon noted a major washout of speculators.Short-term holders , the cohort of Bitcoin investors who have held their coins for 155 days or less, now control less of the available BTC supply than at any point in over a decade.
Highlighting data from on-chain analytics firm Glassnode, CryptoCon described STH holdings as a “fine powder.”Previously, Cointelegraph reported on theBTC short-term holder supply annotated chart. Source: CryptoCon/X This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin: Seven Key Facts Shed Light on BTC Current Price ActionBitcoin holding above key support level remains encouraging sign
Read more »
Bitcoin fails to recoup post-Fed losses as $20K BTC price returns to radarBitcoin stays lower post-Fed as $20,000 BTC price predictions make a comeback.
Read more »
Bitcoin Weekly Forecast: BTC downside likely after 20-week EMA culls bullsBitcoin (BTC) bearish price fractal, as discussed in a previous article, is underway, but the lack of volatility is causing ambiguity and doubt. Regar
Read more »
Chainlink (LINK) Defies Market Sentiment, Bitcoin (BTC) Stalls at $26.5K (Weekend Watch)Today's top performer is THETA, which has soared by about 8%.
Read more »
Mining Bitcoin Or Ethereum Can Be Daunting, Bitcoin Spark Ends Mining FearsThe decentralized platform has made an immense surge in market capitalization. This is pivoted by the entrance of various projects that seem eye-catching
Read more »
Price analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATICBitcoin and the major altcoins are attracting buyers at lower levels, suggesting that the sentiment could be turning positive.
Read more »