Name: Increasing Accumulation Addresses Show Bullish Sentiment in Bitcoin: CryptoQuant
Uploaded: 2024-06-04T16:10:56.000Z
Duration: 52 s
Description: A new report from crypto exchange Bitfinex says that the slump in bitcoin (BTC) since March was likely driven by long-term holders selling but the trend has stalled. Blockchain data tracked by CryptoQuant shows that investors are starting to accumulate BTC again, which indicates increasing bullish sentiment. CoinDesk's Helene Braun presents "The Chart of the Day."

CD20$2,019.692.50%BTC$73,744.850.98%ETH$2,018.321.09%XRP$1.342.93%SOL$82.391.33%

Increasing Accumulation Addresses Show Bullish Sentiment in Bitcoin: CryptoQuant | CoinDesk Videos

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CD20$2,019.692.50%BTC$73,744.850.98%ETH$2,018.321.09%XRP$1.342.93%SOL$82.391.33%

Increasing Accumulation Addresses Show Bullish Sentiment in Bitcoin: CryptoQuant | CoinDesk Videos