Glassnode flags indicator of potential Bitcoin upside
Analysts at Glassnode say that the Stablecoin Supply Ratio (SSR) metric indicates heightened potential for an upward move in Bitcoin's price.Glassnode is a blockchain data and intelligence platform providing insights into cryptocurrency markets.
Glassnode flags indicator of potential Bitcoin upside
Analysts at Glassnode say that the Stablecoin Supply Ratio (SSR) metric indicates heightened potential for an upward move in Bitcoin's price.
Bitcoin on exchanges near two-year low
The balance of bitcoins stored on exchanges neared a low not seen since 24 November 2018. On Monday, August 17, this metric fell to 2.61 million BTC, according to data from Glassnode.
Report: Miners Slow to Sell Bitcoin During Rally
According to Glassnode analysts, miners are holding a large portion of mined Bitcoin after the price cleared the psychological barrier of $10,000. This behaviour is observed amid rising inflows of coins to centralized exchanges—the highest in three months.We use cookies to improve the quality of our service.
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