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The Daily Hodl 2024-06-06 14:30:43

New ‘Glimmers of Speculative Activity’ Appearing for Bitcoin After False Alarm of Mt. Gox Sell-Off: Glassnode

Bitcoin (BTC) has flashed “glimmers of speculative activity” after consolidating for a couple of months, according to the crypto analytics firm Glassnode. In a new analysis, Glassnode notes that new buyers and investors who have held BTC between six months and three years are holding unrealized profits. “This observation is bolstered by the fact that The post New ‘Glimmers of Speculative Activity’ Appearing for Bitcoin After False Alarm of Mt. Gox Sell-Off: Glassnode appeared first on The Daily Hodl .

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