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Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report
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Bitcoin’s SSR Signals Stronger Investor Purchasing Power
The Bitcoin Stablecoin Supply Ratio (SSR) is sending a signal that might surprise some investors. According to Glassnode’s latest report, the SSR Oscillator has been hovering around the zero mark recently, indicating neutral purchasing power. This is a stark contrast to the late last year’s rally beyond $100,000, when the SSR Oscillator was highly positive, suggesting a low stablecoin supply… Source
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NewsBTCBitcoin Latest Rally Backed By Stronger Purchasing Power: Report
Data of the Bitcoin Stablecoin Supply Ratio suggests investors have stronger purchasing power today than during the previous bull rally. Bitcoin Stablecoin Supply Ratio Showing Neutral Purchasing Power In its latest weekly report, the on-chain analytics firm Glassnode has talked about the latest trend in the Stablecoin Supply Ratio (SSR) of Bitcoin. This indicator measures... The post Bitcoin Latest Rally Backed By Stronger Purchasing Power: Rep…
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