Bitcoin has spent 307 days in the $60,000-$70,000 range, the third longest consolidation in any $10,000 price band.
- Bitcoin has traded between $60,000 and $70,000 for 307 days, making it the third longest consolidation within any $10,000 price range in its history, according to Glassnode.
- Roughly 6% of bitcoin's circulating supply last moved between $58,000 and $64,000, creating a significant on-chain cost basis cluster that could provide support near current prices.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
Bitcoin panic-selling may be ending as sellers' profit margins disappear
Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion
Binance.US CEO says exchange is rebuilding, eyes return to 20% U.S. market share
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race
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