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Bitcoin Remains in ‘Subdued and Low-Conviction Market’ Despite Bounce: Glassnode

Bitcoin remains within a “subdued and low-conviction market environment, with weak spot activity,” reported on-chain analytics provider Glassnode on Wednesday. It added that spot trading volume “remains soft,” noting that…

Continue ReadingBitcoin Remains in ‘Subdued and Low-Conviction Market’ Despite Bounce: Glassnode

Bitcoin Rebound Gains Strength, Yet This Key Signal Warns It’s Not Over

Bitcoin saw a sharp recovery on Wednesday after Iran’s Supreme National Security Council accepted a two-week ceasefire. The crypto asset briefly climbed above $72,700 after posting over 5% daily gains…

Continue ReadingBitcoin Rebound Gains Strength, Yet This Key Signal Warns It’s Not Over