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blockchain crypto cryptocurrency btc correction profit move (SpotedCrypto)

BTC correction is a profit-taking move by short-term holders... more upside ahead

"Looking at bitcoin's correction and the associated SOPR (a metric that measures whether holders are selling assets at a profit or loss), it appears to be a short-term holder profit-taking move," said Crypto Dan, a South Korean crypto-quant contributor specializing in cryptocurrency research. "The SOPR

blockchain crypto cryptocurrency fear greed index 77 btc 67.5K (SpotedCrypto)

Crypto 'Fear-Greed Index' at 77...Extreme Greed Remains

Crypto data provider Alternative's self-assessed "Fear-Greed Index" fell two points from the previous day to 77. Despite the deterioration in sentiment, the extreme greed phase remains. The index indicates extreme fear in the market when it approaches zero, and extreme optimism when it approaches 100. The

blockchain crypto cryptocurrency btc leveraged (SpotedCrypto)

Crypto Leveraged Positions Liquidated $110M to $450M Per Day...60% Long

More than $450 billion in leveraged crypto positions have been liquidated over the past 24 hours. According to CoinGlass data on Wednesday, 112,245 people liquidated approximately $342.15 million ($45.57 billion) in positions in the cryptocurrency market over the past 24 hours. Long positions accounted for $272.9

blockchain crypto cryptocurrency btc healthy correction (SpotedCrypto)

Bitcoin is in a spot-driven bull market with a healthy correction on the MVRV metric

"Based on the current Bitcoin MVRV (realized value to market value) ratio, it's not surprising to see a pause in the bull run," said Checkmate (@checkmatey), principal analyst at on-chain analytics firm Glassnode, via X. "Long-term holders of BTC have begun to sell off near

blockchain crypto cryptocurrency btc mark 73k broke down 65k (SpotedCrypto)

Bitcoin's extraordinary weekend was its most volatile in a year.

Bitcoin broke through the $73,000 mark last week to set a new all-time high, but the price fell back to around $64,500 on Sunday (local time) before regaining the $68,000 mark, and the price remained volatile throughout the weekend. This is the largest weekend volatility in the

blockchain crypto cryptocurrency memecoin extream profit is crypto bubble? (SpotedCrypto)

Is extreme profit-taking in Memecoin a sign of a crypto bubble?

Memecoin's popularity, with a market capitalization of $60 billion, has led to concerns that a "bubble is forming in the cryptocurrency market". On Thursday, Bloomberg reported that Memecoin's weekly trading volume is approaching $80 billion, the most since October 2021. The fact that popular,

blockchain crypto cryptocurrency alt season coming? (SpotedCrypto)

BTC Plunge Signals Altcoin Season Is Near

Daniel Yan, co-founder of cryptocurrency service provider Matrixport, told X: "A 5% price drop in a bull market can be considered a healthy correction. It's worth noting that BTC's dominance (BTC's market cap as a percentage of the total cryptocurrency market cap) has