Markets· ★★★· bullish·

Bitfinex: Bitcoin up 47% since July with minimal profit-taking

  • —Bitcoin has gained 47% from its July low
  • —Adjusted SOPR sits near 1.01, indicating breakeven selling
  • —SOPR hit 4% during the August breakout
  • —Low profit-taking may support price stability
Why it matters: Muted profit-taking reduces the risk of a sharp correction and keeps the bullish case for BTC intact.
#BTC
Source: Coinfomania
More on this
Markets · Sep 23
Bitcoin Breaks $85,000 as ETF Inflows Hit $435M and XRP Options Heat Up
 Regulation · 21:51
CLARITY Act failure hits Coinbase, Circle and Strategy as shares fall 5–10%
 Exchanges · 21:13
Coinbase adds fixed-rate bitcoin-backed loans via Morpho Midnight