Bitcoin is once again facing notable selling pressure. The market is facing a challenging phase characterized by weakening momentum and cautious investor positioning. Recent price action suggests that bullish belief has weakened. Traders are increasingly alert to liquidity conditions, macro uncertainty and changing market sentiment. While volatility is not unusual at this stage of the […]
On-chain data shows that the Bitcoin Puell Multiple has been on a decline lately, a sign that miner revenues have fallen from the baseline. Bitcoin Puell Multiple has fallen to 0.67 In a new post on X, analyst Ali Martinez talked about the latest trend in the Bitcoin Puell Multiple. The “Puell Multiple” refers to […]