Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets. The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…