‘Bottom building in progress’: Analysts say bitcoin holder capitulation signals late-stage bear market
Bitcoin long-term holder capitulation hit $280M/day, the highest since Dec 2022, a sign Glassnode says may flag a bottom forming.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin long-term holder capitulation hit $280M/day, the highest since Dec 2022, a sign Glassnode says may flag a bottom forming.
Why this matters
Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on The BlockRelated market context
Bitcoin buyers and bagholders are both selling into the rebound below $70,000
Bitcoin’s recent price rebound faltered as the advance gave long-term holders and recent buyers an opportunity to sell before the...
France’s 30-year bond yield surges to highest level since 2008, and crypto should be paying attention
Rising French bond yields could shift investment from riskier assets like crypto, impacting global financial markets and fiscal po...
Bitcoin must climb 92% to rescue last year’s $120K buyers and the escape routes begin at $72K
A $1,000 Bitcoin purchase made when Bitcoin crossed $120,000 this time last year is now worth $520. That leaves investors with a 4...
Bitmine nears its Ethereum buying limit – Now it needs demand to make the bet pay off
Bitmine plans to slow its Ethereum purchases as its holdings approach 5% of the cryptocurrency’s supply, ending a year of rapid ac...
Semiconductor stocks fall into bear market as $1.5 trillion evaporates and crypto eyes capital rotation
The PHLX Semiconductor Index fell nearly 20%, erasing $1.5 trillion in value. Analysts watch Bitcoin ETF inflows for signs of capi...
Bitcoin reclaiming its $69,000 holder cost basis could open XRP’s path to $1.26
Glassnode has identified Bitcoin's short-term holder cost basis near $69,000 as the market's next major recovery test, potentially...