Glassnode reports over 95% of Bitcoin supply profitable as price surpasses $117K
Bitcoin's high profitability may trigger sell-offs, potentially leading to market corrections and impacting future price stability. The post Glassnode reports over 95% of Bitcoin supply profitable as price surpasses $117...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin's high profitability may trigger sell-offs, potentially leading to market corrections and impacting future price stability.
The post Glassnode reports over 95% of Bitcoin supply profitable as price surpasses $117K appeared first on Crypto Briefing.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Xaman wallet’s growth triggers XRPL node capacity fix
Xaman's rapid growth highlights the need for scalable infrastructure solutions to support expanding blockchain ecosystems and user...
Strategy surpasses Robinhood in trading volume, becomes 21st most-traded stock in US
Strategy's rise in trading volume highlights the growing influence of Bitcoin on traditional markets, posing risks of volatility a...
Glassnode sees $95K to $97K as Bitcoin’s next major test
Bitcoin could test $95,000 to $97,000 as ETF inflows strengthen, spot volume rises and leverage remains relatively subdued, Glassn...
10-year Treasury yield hits new high, pressures tech stocks and Bitcoin markets
Rising Treasury yields could lead to broader economic shifts, affecting borrowing costs and investor sentiment across various asse...
Solana moves Alpenglow into testnet as SOL nears January highs
Solana has begun rolling out Alpenglow on testnet, moving its planned blockchain consensus overhaul into a public testing environm...
XRP Price Today: XRP Hits $1.60 as Heavy Whale Accumulation Points to a $2 Rally and Beyond
The XRP price reached $1.6060 on September 23 after opening near $1.5808, according to historical market data. The token subsequen...