Bitcoin News
By Maheen Hernandez
1 / 15
Bitcoin Falls While Traditional Assets Surge. In a recent post on X (formerly Twitter), Santiment pointed out that Bitcoin’s performance over…
2 / 15
Gold and the S&P 500 Outperform Bitcoin. Gold’s strong performance this quarter has been driven by rising geopolitical tensions and renewed…
3 / 15
Bitcoin Trading Between Key On-Chain Levels. Further supporting this perspective, another on-chain analytics firm, Glassnode, shared insights…
4 / 15
Analysts See Signs of Accumulation. Despite Bitcoin’s muted price action, on-chain data reveals that large investors continue to…
5 / 15
Historical Context: Bitcoin’s Rebound Potential. Bitcoin has experienced several similar divergence periods throughout its history.
6 / 15
What to Watch Next. For now, traders are closely monitoring Bitcoin’s ability to hold above the $100,000–$101,000…
7 / 15
Outlook: Bitcoin May Be Setting Up for a Comeback. Despite recent weakness, Bitcoin’s long-term fundamentals remain robust.
8 / 15
Bitcoin may currently be undervalued compared to traditional assets like gold and the S&P 500, according to new on-chain data from analytics firm Santiment.
9 / 15
In a recent post on X (formerly Twitter), Santiment pointed out that Bitcoin’s performance over the past few months has weakened compared to gold and the S&P 500.
10 / 15
According to Santiment’s data, Bitcoin has declined about 15% since August 11, while gold has climbed 21% and the S&P 500 has gained around 7% during the same period.
11 / 15
The analytics firm believes this pattern could suggest that Bitcoin is “arguably undervalued” compared to these other major assets.
12 / 15
Bitcoin, on the other hand, has seen profit-taking from long-term holders and reduced institutional inflows following its record highs earlier this year.
13 / 15
Santiment’s data also points out that Bitcoin’s decoupling from traditional assets could create opportunities for investors looking to capitalize on potential rebounds.
14 / 15
Further supporting this perspective, another on-chain analytics firm, Glassnode, shared insights into Bitcoin’s current trading range based on its Supply Quantiles Cost Basis…
15 / 15
According to Glassnode, Bitcoin has fallen below two key quantiles following its recent price correction. The cryptocurrency first slipped under the 0.
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