Are Bitcoin holders capitulating?
Although Bitcoin (BTC) initially saw sideways price action during the weekend, it mounted a notable move to the upside late on Sunday. While disparate narratives abound online, a closer look at the actions of long-term Bitcoin holders can provide additional insight into market dynamics. First, let’s dig a little deeper into that recent move. As of press time on March 24, BTC was changing hands at a price of $87,420. The price of Bitcoin has increased by 3.67% over the past 24 hours, bringing year-to-date (YTD) losses down to 6.38%. Picks for you Trump's Truth Social post triggers $200k loss for crypto trader in an hour 26 mins ago Giza Tech hits $1 million in autonomous capital 2 hours ago ...