News with the tag "Bitcoin Cost Basis"

The Bitcoin price has almost struggled to shine lately on weekends, with its performance so far in the current one not much different. While it showed promising bullish signs on Friday evening, the premier cryptocurrency seems to have returned to its dour weekend nature. Thanks to the jump in the la...

Can the average cost basis, current trends, and MVRV metrics reveal when the next bull run will charge into the crypto arena?"

On-chain data shows the Bitcoin short-term holder cost basis has now risen to $25,300; here’s what this tells us about the market. Bitcoin Short-Term Holder Cost Basis Has Gone Up Recently According to data from the on-chain analytics firm Glassnode, the average acquisition price of the short-term h...