Bitcoin stays confined to $100k–$110k band as realized profit and network activity recede
Bitcoin (BTC) has traded between $100,000 and $110,000 for a seventh consecutive week due to slower profit realization, cooling transfer volume, and a cautious derivatives backdrop, according to a ...
Source: CryptoSlate
Bitcoin (BTC) has traded between $100,000 and $110,000 for a seventh consecutive week due to slower profit realization, cooling transfer volume, and a cautious derivatives backdrop, according to a June 26 Glassnode report. The report cited the market’s struggles to extend May’s all-time high rally, with the 30-day realized profit gauge peaking in early May, […]
