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via CoinDesk · By CoinDesk Staff
Bitcoin supply in loss overtakes profit, a hallmark of bear-market bottoms
BTC
BTC/USDT
$64,035.00
+0.67%
$64,035.00
+0.67%
(24s)24h Volume
$24,697,488,184.64
24h H/L
$64,700.00 / $61,306.84
Change: $3,393.16 (5.53%)
Long/Short
59.5%
Long: 59.5%Short: 40.5%
Funding Rate
+0.0064%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(10:20 AM UTC)
1 min read
556 views
0 commentsThis bitcoin metric has marked every bear market bottom, and it's just flashed again
More than half of the bitcoin in circulation is sitting on unrealized losses as the BTC price tests historically significant bear-market support levels.
The amount of bitcoin BTC$63,729.63 supply in loss reached a key bear-market threshold, surpassing 10 million BTC, more than half of the total in circulation.
Accor…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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