Categories: Bitcoin Latest News

Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows

Bitcoin’s long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin Expert Predicts Correction To $78,000 CME Gap, Reveals Date For Next Bear Market

Bitcoin (BTC) has recently experienced a massive surge, rising over 39% since November 5th to…

34 minutes ago

Bitcoin Hits $90K Milestone—Is A Path to $100K On The Horizon? Analyst Weighs In

Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant…

2 hours ago

Record-Breaking Bitcoin Rally Post-Trump Victory Begins To Cool In Derivatives Trading, What’s Next?

The massive Bitcoin (BTC) rally following Donald Trump’s victory in the US presidential election is…

3 hours ago

XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play

“We believe that the underlying strength in BTC represents a systematic shift in the market…

4 hours ago

Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?

Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital…

5 hours ago

Bitcoin Price Holds The Line: Is Another Surge Possible?

Bitcoin price saw a short-term correction from the $93,450 zone. BTC is now consolidating gains…

6 hours ago