The Daily Hodl
2022-11-19 23:05:30

On-Chain Metrics Suggest Crypto Is Nearing the Bottom of the Bear Market Despite Recent Price Woes: IntoTheBlock

Certain on-chain metrics indicate crypto could be nearing the bottom of the bear market, according to the analytics firm IntoTheBlock. Lucas Outumuro, head of research at IntoTheBlock, notes in a new analysis that more than half of Bitcoin (BTC) holders are losing money on their positions, a level not seen since March 2020. In the The post On-Chain Metrics Suggest Crypto Is Nearing the Bottom of the Bear Market Despite Recent Price Woes: IntoTheBlock appeared first on The Daily Hodl .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.