Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

Sponsored
Sponsored
The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently According to a post from the on-chain analytics firm CryptoQuant, the 1-year inactive supply hit a high back in March of this year. The “1-year inactive supply” is an indicator that measures the total percentage of the Bitcoin supply that hasn’t moved on the blockchain since at least one year ago. This supply belongs to one of the two major cohorts in the BTC market: the “long-term holders” (LTHs). This group

Go to Source
Author: coinmaker

kryptonew

Recent Posts

Bitcoin Price Bounces as Nasdaq Soars, KOSPI Rebounds, and FOMC Hike Fears Persist

Bitcoin price is recovering toward $81,000, gaining nearly 2% as buyers return ahead of the…

21 minutes ago

Ripple’s RLUSD Wins Moody’s Rating as XRP Faces a Bigger Question: Who Captures the Value?

Ripple’s RLUSD just secured a major institutional credibility boost, earning Moody’s A2 long-term deposit rating…

51 minutes ago

DOJ Charges Six in Alleged NFT Fraud as Crypto Scam Crackdown Widens

Key Highlights The US Department of Justice charged six individuals accused of running an NFT…

7 hours ago

Crypto.com Launches Regulated Crypto Perpetuals for US Traders

Key Highlights Crypto.com and OG.com launched continuous, non-expiring crypto perpetual contracts for eligible U.S. traders…

7 hours ago

Circle, ACI Explore USDC Settlement in Colombia’s Payment Network

AI SummaryShowCircle and ACI pilot USDC settlement in Colombia, signalling stablecoins’ entry into traditional real‑time…

7 hours ago

CFTC Reopens Polymarket Probe Over Possible Breach of US User Ban Deal

AI SummaryShowCFTC’s renewed probe could force stricter user‑location verification, prompting industry‑wide compliance upgrades.Potential enforcement may…

7 hours ago

This website uses cookies.

Read More