Bitcoin Onchain Data Show Bullish Undercurrents

The percentage of bitcoin’s circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands, indicating supply-side weakness. At press time, bitcoin’s circulating supply was 19.48 million.

About admin

Check Also

Stablecoins: Roman Coins or Spanish Doubloons for the Modern Era

By 1900, colonialism had seen the adoption of currencies, or at least local derivations, of …

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Recent Comments

No hay comentarios que mostrar.