Bitcoin Reaches Record High Amid Increased Market Activity
- Bitcoin hit its third all-time high (ATH) this cycle.
- Significant profit-taking observed as prices soared.
- Increased investor engagement noted in exchanges, derivatives, and ETFs.
- Glassnode researchers Cryptovizart and Ukuria OC analyzed the market trends.
This week, Bitcoin achieved its third ATH this cycle, with Glassnode data indicating a surge in profit-taking and heightened investor activity across various financial platforms.
Source (2.6)https://news.bitcoin.com/bitcoins-path-to-120k-faces-mounting-sell-pressure-glassnode-report-warns/?rand=52384
