Crypto
Bitcoin on-chain metrics improve, market watches for trend reversal
Bitcoin may enter a new price fluctuation phase as on-chain indicators improve and volatility stays low. While the price has weakened, measures of network activity and volatility suggest the market may be preparing for its next move. A key metric, the NVT Golden Cross, rose to 0.36. Exchange flows on Binance were mixed. Funding rates stayed near 0 and the Coinbase premium fell to -0.11.
