Glassnode: Bitcoin is still adapting to the new price range, and its long-term holders are not active
Foresight News reports that Glassnode tweeted, stating that Bitcoin is still adapting to the new price range, and liquidity conditions in the on-chain and contract markets are also shrinking. Long-term Bitcoin holders are not active, further strengthening the market's sluggishness and sideways price trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Scandic signs long-term lease for 219-room hotel in Freiburg with IREMIS###
Multiconsult names Kristin O. Augestad interim CEO
Lazard appoints Grégoire Heuzé managing director in Paris
Latest Crypto Presales: Discover Apeing’s 100x Potential Alongside Pudgy Penguins and Dogecoin
