Bitcoin’s correlation with stocks has risen to alarming levels, according to some market analysts.
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Glassnode Data Shows A Bullish Bitcoin Crossover Has Recently Occurred
Data from Glassnode reveals a crossover in the Bitcoin NVT price model has recently taken place, something that has historically been bullish for the crypto’s
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Three-quarters of BTC addresses still in profit despite market decline: Glassnode
The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance”, and long-term holders are
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Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode
Outflows of Bitcoin from exchanges have hit a yearly high, but inflows to Canadian Bitcoin ETFs are at also at peak levels as investor confidence
Read moreGlassnode’s RHODL Ratio May Suggest Bitcoin Market Is Near Capitulation
Glassnode data shows the RHODL Ratio’s current trend suggests that the Bitcoin market could be near capitulation. Data Shows Bitcoin RHODL Ratio Has Observed Decline
Read moreAsia Still Dominates Selling Pressure On Bitcoin, Glassnode Reports
According to blockchain analysis platform Glassnode, Asian markets are still reluctant to buy Bitcoin and other digital assets, despite the marginal crypto price recovery recorded
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