Though Bitcoin might be shaky, dumping in the London session on April 30, IntoTheBlock data now shows that the market is, after all, solid. In a post on X, the blockchain analytics platform noted that Bitcoin is in a mid-bull cycle. Despite the price cool-off, potentially accelerated by whales exiting, most BTC holders still profit. 86% Of […]
On-chain data shows a Bitcoin ratio has found rejection at a historical level, a sign that the asset’s downtrend may continue. Bitcoin MVRV Ratio Has Rebounded Back Down Off The 2.0 Level As an analyst in a CryptoQuant Quicktake post explained, the BTC Market Value to Realized Value (MVRV) ratio has recently touched a two-year […]