Bitcoin Bulls Take the Lead as Buyers Dominate Exchange Activity

Description

Bitcoin buyers are showing no signs of slowing down, even as the cryptocurrency continues to push into uncharted price territory. Recent data from onchain analytics firm CryptoQuant suggests that the latest surge to all-time highs is being met with unusual optimism, with buyers firmly in control of the market. The 90-day cumulative volume delta (CVD), which measures the net difference between buy and sell orders, indicates that buy-side pressure is once again dominant . According to CryptoQuant ...