Bitcoin Supply In Loss Hits 10% After Crash: What Happened Last Time

Bitcoin Supply In Loss Hits 10% After Crash: What Happened Last Time

Summary

Bitcoin's supply in profit has dropped to around 90% following a price crash. This metric tracks the percentage of circulating Bitcoin holding unrealized gains. The recent drop in profitability may indicate a potential continuation of the rally. Currently, Bitcoin is trading at around $65,700, down more than 5% over the past week.