Bitcoin volatility remains subdued as supply in profit nears historical bear-to-bull transition level: analysts

More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said.
Key Takeaways
- More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Intel Stock Jumps 9% on Chip Price Hike Report, US Stake Gains $36 Billion
Intel stock rose on a reported 10% CPU price hike, lifting Washington's 9.9% stake to a $36 billion paper gain. The post Intel Stock Jumps 9% on Chip Price Hike Report, US Stake Gains $36 Billion appeared first on BeInCrypto.

Robinhood expands prediction markets with Crypto.com, OG partnerships ahead of NFL season
Robinhood will also acquire equity stakes in Crypto.com and OG.com, which will be valued based on Crypto.com's recent $20 billion valuation.

Bitcoin faces key support test at $78.3K as US crude oil hits three-month high
Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.