CryptoQuant Adds MVRV Momentum and Trader Profitability Indicators to API
- —CryptoQuant added MVRV momentum and trader profitability indicators to its API
- —The indicators flag weakening demand across the market
- —Data shows declining balances among long-term holders
- —Trading volumes remain stagnant with mixed market signals
Why it matters: The new metrics give traders a tool to gauge demand and potential bitcoin price moves.
Source: Coinfomania