Bitcoin On-Chain Fundamentals Paint A Bullish Picture As Holders Take Control Again

On-chain fundamentals for Bitcoin (CRYPTO: BTC) — the world’s first cryptocurrency — are painting a rather bullish picture with long-term holders on the rise once again.

What Happened: Data provided by on-chain analysis firm Glassnode shows that Bitcoin’s reserve risk has returned to the “green zone” again, with a current value of 0.00207507 — an 18-month low. This …

Full story available on Benzinga.com

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