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Bitcoin Supply at Loss Drops to 13% Promising Long-Term Growth
Bitcoin investors have witnessed a remarkable start to the year, with BTC prices surging to multi-year highs above $50,000. This upward momentum reflects the resilience and confidence of Bitcoin holders. They have remained steadfast in their conviction despite market fluctuations. The recent rally has rewarded their patience. It underscores Bitcoin’s status as a store of value and a potentially lucrative investment. At the press time, BTC is trading at $48,916. As per Glassnode, only 13% of Bitcoin supply is held at a loss now signalling that the majority of investors are in a profitable position. This upward trend ... (full story)