Glassnode: Bitcoin profit-taking remains "below historical peak", "further gains" may be imminent
2024-11-13 05:54:06
Bitcoin holders have made $20.40 billion in profits since the cryptocurrency breached its March high of $73,679, with crypto analytics firm Glassnode noting in a Nov. 12 market report: "While the profit-taking is significant, it remains below its historic peak, indicating that there is still room for further gains before potential demand is exhausted."
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