Glassnode: Short-term Bitcoin holders are currently showing a profit advantage, with a gain-loss ratio of 1.2
ChainCatcher news, Glassnode posted on X stating that short-term Bitcoin holders are currently showing a profit advantage with a gain-loss ratio of 1.2. This indicator recently broke through one standard deviation, higher than its 90-day average, suggesting that investor sentiment may be undergoing positive changes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banxico: Flexible stance with upside risks – Rabobank
Planet Ventures CEO Etienne Moshevich resigns
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time
Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.
Crypto prices
More
