Bitcoin’s price is currently below $118,000, indicating shifting market dynamics. Daily Active Addresses have decreased moderately, showing cooling interest, while transfer volume has dropped by 23.1% to 10.8 billion USD, suggesting slower economic activity within the network.
The Federal Reserve’s interest rate decision and potential tariffs by President Trump are pivotal factors for Bitcoin. While the percentage of holders in profit has slightly risen, concerns arise from the potential for sell-side pressure as investors may look to secure gains amidst market volatility.
Leave a Reply