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Crypto Market Update: Bitcoin Rises Above $66,000, Toncoin Falls While Market Recovers

Bitcoin (BTC) has again taken the spotlight in the crypto market, rising above $66,000 as a confirmation of its price rebound following the market-wide crash in the past week. However, while Bitcoin has restored optimism in investors, we see negative price action on Toncoin (TON), a notable market gainer in […] дальше »

2024-4-28 18:11


Recent Bitcoin buyers show unyielding optimism, pushing cost basis upward despite price surges

Quick Take Utilizing data from Glassnode to estimate a market-wide cost basis reveals intriguing trends in the average price at which coins are withdrawn from exchanges. The information, segregated into cohorts, uncovers an upward trajectory on a cost basis, indicating a trend of purchasing Bitcoin at incrementally higher prices. дальше »

2024-3-24 22:13