On-Chain Metrics Indicate Potential for Further Bitcoin Rally
On July 11, the price of the leading cryptocurrency surpassed the $118,000 mark. This surge was driven by active buying from long-term investors. According to CryptoQuant, the balance of “accumulators” reached a yearly high of 248,000 BTC. Since June 22, this figure has increased by 71%. Such strong demand was last observed on December 20, […]