Glassnode

Bitcoin Crossing $2T in Market Cap Triggers Wave of New Buyers, but Key Players Tread Cautiously, Onchain Data Show

Bitcoin’s (BTC) $2 trillion market cap has attracted a wave of new buyers to the market, while seasoned traders turn cautious, according to analysis of on-chain veri by Glassnode. BTC’s price topped $100,000 last Thursday, lifting its market …

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Bitcoin Accumulation Strengthens as BTC Approaches Key Resistance

Bitcoin (BTC) is now up 3% since the beginning of May, after gaining 14% gain in April. Inflows into BTC exchange-traded funds (ETFs) have accelerated over the past two weeks, while consistent bitcoin treasury accumulation continues to support the …

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Long-Term Bitcoin Holders Are Spending Their BTC, A Bullish Signal, Analysts Say

Analysts observing previous BTC bull market said the outlook remains constructive while long-term holders continue to distribute their coins.

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