Analyst: Bitcoin profitable supply ratio rebounds to 69%
CryptoQuant analyst Axel Adler Jr. reported that the proportion of Bitcoin supply in profit has recovered to 69% from a June low of 47%. The 90-day change in this metric has shifted from -19% in early August to +41%, marking one of the fastest recoveries in Bitcoin's history.
Summaries are written by AI from the original article. Not investment advice.