BTC’s rally above $70k has pushed the value of a key metric above 1, signaling that the coin’s short-term holders are sitting on profit.
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Significant trading activity has trailed Ethereum in the past 24 hours as it attempts to reclaim the $3700 price level.
The recent uptick in large transactions on the Toncoin network has not impacted TON’s performance.
The reduced demand for the Bitcoin network post-halving has led to a significant drop in its fees.
Key technical indicators confirm significant bullish sentiments in the ONDO market. However, BNB remains under bearish influence.
ETH is preparing to breach a long-term resistance level. If it succeeds, the leading altcoin will exchange hands at the $3200 price level.
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Despite BTC’s recent price troubles, over 90% of its holders are in profit right now.
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BNB’s rally from its support line might be short-lived as the coin’s funding rate remains negative