The post Bitcoin Believers in Profits As Market Enters ‘Belief’ Phase! appeared first on Coinpedia Fintech News
The Bitcoin market is currently experiencing a strong ‘Belief’ phase, indicated by a Net Unrealized Profit and Loss (NUPL) value of 0.55095269. This metric reflects the gap between the market cap and the realized cap divided by the market cap. It reveals a significant group of investors are holding onto Bitcoin with substantial unrealized profits. …