|Bid||21.61 x 1800|
|Ask||21.64 x 1200|
|Day's Range||21.50 - 21.80|
|52 Week Range||17.84 - 45.61|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-45.01%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.95%|
Crypto market analyst at Bloomberg Intelligence, Jamie Coutts, reported on Tuesday that Bitcoin is demonstrating historic strength in two key metrics, despite its relatively low prices. Coutts noted that the number of "HODLers" - Bitcoin holders who rarely sell - and transactions on the Bitcoin blockchain have both reached all-time highs.
The process of Bitcoin halving is reportedly 85% complete as of Monday, with the supply of the digital tokens held by long-term holders (LTHs) nearing its record high, according to cryptocurrency expert @therationalroot. Historically, this has signaled the approach of a macro bottom in past cycles, followed by the start of a new cycle. The long-term holders' Bitcoin supply has traditionally served as a reliable indicator of the state of the digital currency market and has had an inverse correlat
Bitcoin (BTC) is exhibiting a bearish trend, trading below the $27,000 mark on Monday after failing to sustain last week's upward rally. The overall cryptocurrency market has seen a 1.08% decrease in value, with the market cap standing at $1.04 trillion. This dip is largely attributed to the US Federal Reserve's hawkish stance announced during its September meeting, hinting at a future rate hike and a sustained period of higher interest rates.