Crucial Bitcoin On-Chain Metric Just Hinted at Strong Recovery

2024-5-2 15:39

Bitcoin's on-chain metric is showing recovery possibility

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Bitcoin (BTC) на Currencies.ru

$ 66250.57 (-0.12%)
Объем 24H $31.371b
Изменеия 24h: 0.08 %, 7d: 5.28 %
Cегодня L: $65194.83 - H: $66400.52
Капитализация $1305.1b Rank 1
Цена в час новости $ 59123.9 (12.05%)

recovery on-chain metric bitcoin possibility showing hinted

recovery on-chain → Результатов: 66


Chainlink Price Attempts Recovery as LINK Whales Accumulate – This Altcoin’s Presale Storms Ahead

Chainlink (LINK) rallied 4% today to trade close to the $15 mark. After surging to $16 in mid-November, LINK entered a correction phase but appears to be recovering lost ground. On-chain analytics firm Santiment reported that Chainlink recently witnessed a spike in transactions from older coin holdings changing wallets.

2023-11-29 16:30


Dogecoin Recovery Hinges on Key On-Chain Indicators as This New Meme Coin Captivates Investors

After a period of sideways trading and declining price action, Dogecoin traders are keeping a close eye on important on-chain and technical developments that could spark the next rally.   Meanwhile, a new gaming-focused meme coin called Meme Kombat has rapidly captured investors’ attention through its innovative utility-driven approach.

2023-11-25 18:30


Ethereum experiences rocky trading day after Ethereum Foundation selloff

The Ethereum Foundation exchanged 1700 ETH on Uniswap for $2.738 million worth of USD Coin (USDC) today, Oct. 9., at an average price of $1,611, according to on-chain data. In the trading day since, ETH saw its price tumble as low as $1,553 before seeing a slight recovery to $1,577, where it stood at press […] The post Ethereum experiences rocky trading day after Ethereum Foundation selloff appeared first on CryptoSlate.

2023-10-10 00:00


This Bitcoin Rally Is Similar To Genesis Points Of Historical Uptrends: Glassnode

Data from Glassnode reveals that the structure of the current Bitcoin rally is looking similar to the genesis points of historical uptrends. Bitcoin Recovery Since November Lows Is Reminiscent Of Past Rallies In its latest weekly report, the on-chain analytics firm Glassnode has looked into how the current Bitcoin rally lines up against similar rallies that the cryptocurrency observed during the previous cycles.

2023-7-12 19:00


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New Demand Expected To Change Bitcoin’s Market Structure Significantly

Bitcoin has been witnessing a renewed short-term market recovery characterized by new demand from a category of new investors expecting to make some money from the current price pump. According to a recent on-chain metrics analysis by Glassnode, this is likely to spark a new market cycle and see Bitcoin moving further away from the […]

2023-2-11 00:20


Bitcoin Funding Rates Remain Positive As Bullish Sentiment Continues

On-chain data shows the Bitcoin funding rates have remained at positive values recently as the crypto’s price has continued its recovery. Bitcoin Funding Rates Have Been Mostly Positive During The Past Month As pointed out by an analyst in a CryptoQuant post, the BTC funding rates have been green recently, but not as positive as back between July 18th to 22nd yet.

2022-8-15 22:00


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Declining Bitcoin Prices Triggers Renewed Interest As Number Of Small-Time Investors Grow

Bitcoin price recently suffered another crash that sent the price of the asset dropping towards the low $40,000s again. This one, however, has been significant in its cash and recovery patterns, and subsequent on-chain data suggests that this most recent crash may have worked in the favor of the digital asset. This is because interest […]

2021-9-28 02:00