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Market Cap:
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Bitcoin Bitcoin Share: 58.49%
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Vauld Insights
2022-06-01 17:00:00

Bitcoin Sees Strong Accumulation, SOPR Ratio Crosses 1

Bitcoin Sees Strong Accumulation, SOPR Ratio Crosses 1

Since Monday, BTC’s price has increased by more than 9% whereas ETH has increased by 7%. The adjusted spent output profit ratio (aSOPR) of BTC crossed 1 after two weeks of remaining under it. After closing in red for nine consecutive weeks, Bitcoin is seeing a turnaround in its price action this week. Since the […]The post Bitcoin Sees Strong Accumulation, SOPR Ratio Crosses 1 appeared first on Vauld Insights.

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