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coinpedia 2024-05-07 10:48:17

Bitcoin Believers in Profits As Market Enters ‘Belief’ Phase!

The post Bitcoin Believers in Profits As Market Enters ‘Belief’ Phase! appeared first on Coinpedia Fintech News The Bitcoin market is currently experiencing a strong ‘Belief’ phase, indicated by a Net Unrealized Profit and Loss (NUPL) value of 0.55095269. This metric reflects the gap between the market cap and the realized cap divided by the market cap. It reveals a significant group of investors are holding onto Bitcoin with substantial unrealized profits. …

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