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Bitcoin Metrics Suggest February Selloff Marked Bottom
CoinDesk·
Several key Bitcoin metrics indicate that the cryptocurrency may have reached its cycle low in February following a significant selloff. The stabilization of realized capitalization, coupled with historically high RHODL ratios and deeply negative funding rates, suggests a potential bottoming out. These indicators, often preceding market recoveries, point towards a possible upward trend for Bitcoin after the earlier price depreciation. Investors are closely watching these signals for signs of a sustained recovery in the digital asset market.
Tickers
$BTC-USD
Tags
crypto
macro
fintech
Original Source
CoinDesk — coindesk.com