CryptoSlate
A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess. A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio…
Read More
Bitcoin market clears speculative froth as on-chain indicators stabilize
A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess. A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio…