Bitcoin MVRV Turns Negative First Time Since March 2023, End of Bull Run Soon?
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The world’s largest cryptocurrency Bitcoin (BTC) crashed all the way to $54,500 earlier before recovering partially. Some of the on-chain metrics like Bitcoin MVRV (market-value-to-realized-value) hint at some caution going ahead. As of press time, the Bitcoin price is trading at $55,770 with a market cap of just under $1.1 trillion. Bitcoin MVRV Ration Turns The post Bitcoin MVRV Turns Negative First Time Since March 2023, End of Bull Run Soon? appeared first on CoinGape .
Source: CoinGape
