25-05-2024 02:00 via newsbtc.com

Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases – Glassnode

Bitcoin continues to dominate discussions, with its recent price movements drawing particular attention. As the asset struggles to reclaim its March all-time high of over $73,000, with recent attempts peaking above $71,000 earlier this week, the price has since receded to approximately $68,231 at the time of writing.
This retracement marks a 7.3% drop from its March peak, signifying a volatile period for the cryptocurrency, influenced by various underlying market factors.Long-Term Holders L
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