Bitcoin Traders Take Some Profits Ahead of Fed Meeting; Expect Higher Volatility

Bitcoin Traders Take Some Profits Ahead of Fed Meeting; Expect Higher Volatility

Up to now, benefit taking amongst long-term holders is happening on the most important fee in bitcoin’s historical past, in line with Glassnode information. “This indicates that long-term holders from the 2021-2022 cycle are capitulating, spending and redistributing their coins, specifically during the last three months,” the company wrote in a weblog submit.

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