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Is the Bull Cycle Nearing Its Top? Here’s What Bitcoin NUPL Metric Says
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While Ethereum (ETH) is attracting attention with both its price and its performance against Bitcoin (BTC), a slowdown may be imminent. Ethereum's price reached $4,743, its lowest level since November 2021... Ethereum Overtakes Bitcoin: The Bull Cycle Changes Hands, But It's Slowing...
Is the Bull Cycle Nearing Its Top? Here’s What Bitcoin NUPL Metric Says
The current bull cycle is different from past seasons in many ways. For starters, bitcoin (BTC) has recorded new all-time highs (ATH) every now and then. This has raised speculation about when the market will reach its peak and begin a bear run. An analyst at the market research firm CryptoQuant has predicted that the bull run may last longer, but with a catch. This prediction stems from data derived from the Bitcoin Net Unrealized Profit/Loss (…
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