On-chain data shows the annual rate of change in the Bitcoin Puell Multiple has exited the bear market zone, a sign that a bull rally may be here. Bitcoin Puell Multiple 365-Day Rate Of Change Has Shot Up As pointed out by an analyst in a CryptoQuant post, this could be one of the first…
Even if the cryptocurrency industry crashed in 2022, Bitcoin’s status as the “alpha coin” has remained remarkably stable. With a market capitalization of over $398 billion and a trading volume of $24,180,295, Bitcoin’s dominance in the last 24 hours has increased by 43%. According to market watchers, the BTC bull market officially began in 2023…
Even if the cryptocurrency industry crashed in 2022, Bitcoin’s status as the “alpha coin” has remained remarkably stable. With a market capitalization of over $398 billion and a trading volume of $24,180,295, Bitcoin’s dominance in the last 24 hours has increased by 43%. According to market watchers, the BTC bull market officially began in 2023…
On-chain data suggests the Bitcoin MPI indicator has observed a rise recently, now reaching the same values as March 2021. Past pattern may hint that a bull rally could follow here. Bitcoin MPI Seems To Be Catching Some Uptrend After Months Of Inactivity As explained by an analyst in a CryptoQuant post, the BTC MPI…