bitcoin
Bitcoin Sell-Side Risk Ratio Falls To Lowest Since Oct ’23: What It Means
📰 sources⭐ 6.0
TL;DR:
On-chain data shows the Bitcoin Sell-Side Risk Ratio has plummeted recently. Here’s what this could suggest for the cryptocurrency.
Key Points:
Background:
Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.