Bitcoin (BTC) On-Chain Cost Basis Drops Below $20,000 https:// | Bitcoin Trading Signals

Bitcoin (BTC) On-Chain Cost Basis Drops Below $20,000
https://beincrypto.com/on-chain-indicators-bitcoin-bear-market-2023/

The cost basis in the Bitcoin market, a metric used to determine the profitability of an investment, has recently fallen below the psychological level of $20,000. This decline is due to the drop in realized market capitalization, which values different parts of the supply at different prices.
The post Bitcoin (BTC) On-Chain Cost Basis Drops Below $20,000 (https://beincrypto.com/on-chain-indicators-bitcoin-bear-market-2023/) appeared first on BeInCrypto (https://beincrypto.com/).