BTC at $109K â But Is Momentum Fading?
đ Market Overview: Bitcoin is holding above $109,000 and Ethereum is trading at $3,800. However, Glassnode data shows signs of demand exhaustion.
đ Key Metrics:
BTC dominance: 52.1%
ETH gas fees remain elevated
Stablecoin inflows slowing
đ§ Insight: While price action is bullish, on-chain data suggests caution. Is this a healthy consolidation or a warning sign?
BTC
70,313.52
+2.03%
ETH
2,076.46
+0.94%
#bitcoin #Ethereum #Glassnode #CryptoAnalytics #BinanceSquare #Write2Earn!