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news.bitcoin.com Bitcoin’s New All-Time High Is ‘Not Speculative Excess,’ Glassnode Says

The cryptocurrency first rallied to a fresh all-time high of $125.5K early Sunday morning and set a new $125.8K record on Monday afternoon. Is Bitcoin’s Rally Sustainable? Onchain Data Suggests It Is Coinmarketcap data shows that bitcoin ( BTC) quietly climbed past its previous high of $124,457.12 early Sunday morning and notched a fresh record […]

bitcoinist.com Bitcoin All-Time High At $125,700 Was A Trap, Warns Analyst

Bitcoin’s dramatic weekend spike to a fresh all-time high of $125,700 lacked real spot demand and was largely the product of leveraged speculation in thin conditions, according to crypto analyst Maartun, who characterized the move as a classic fakeout rather than a durable breakout. “Bitcoin prints a brand new all-time high, $125,700… But hold on […]