Bitcoin Slumps in February, Yet HODLers and Miners Signal Support
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Bitcoin's supply sees 43% in loss, with a quarterly price drop of nearly 26%. Analyst forecasts no recovery before April.
The opening weeks of February have delivered a stark diagnosis for Bitcoin’s health, with nearly 43% of its circulating supply in a state of loss and quarterly price performance standing at just under -26%, according to analyst GugaOnChain.
According to them, there is little prospect for recovery before April.
In This News
Coins
$ 67.79K
-0.95%Share:
In This News
Coins
$ 67.79K
-0.95%Share:
Read More
2,486 BTC: Strategy Doubles Down as Portfolio Hits Unrealized Loss
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Bitcoin Slumps in February, Yet HODLers and Miners Signal Support
Share:
Bitcoin's supply sees 43% in loss, with a quarterly price drop of nearly 26%. Analyst forecasts no recovery before April.
The opening weeks of February have delivered a stark diagnosis for Bitcoin’s health, with nearly 43% of its circulating supply in a state of loss and quarterly price performance standing at just under -26%, according to analyst GugaOnChain.
According to them, there is little prospect for recovery before April.
In This News
Coins
$ 67.79K
-0.95%Share:
In This News
Coins
$ 67.79K
-0.95%Share:
Read More
2,486 BTC: Strategy Doubles Down as Portfolio Hits Unrealized Loss