glassnode
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F09%2Fbitcoin-winter-bear.jpg&w=1536&q=40)
Technical analysis paints a picture of the top crypto asset adrift amid changing crypto investors sentiment, but there’s a silver lining
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F08%2Fbitcoin-on-chain-metrics.jpg&w=1536&q=40)
Some on-chain Bitcoin metrics reflect sellers’ first concerted effort in two weeks as broader market wobbles
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F07%2Fethereum-on-chain.jpg&w=1536&q=40)
A trio of on-chain metrics point to confidence in Ethereum’s underlying asset as institutions mull greater exposure to the asset class
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F07%2Fstaked-ether.jpg&w=1536&q=40)
Liquid staking providers gain traction, as users prefer greater liquidity and flexibility from their staked ether
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F05%2Fbitcoin-whale.jpg&w=1536&q=40)
Data suggests the number of bitcoin addresses holding more than 1000 and 100 BTC has been on a six-year decline following two major peaks in 2016 and 2017
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F03%2Fbitcoin-price-surge.jpg&w=1536&q=40)
On-chain metrics point to an increase in the volume of coins deposited to exchanges, signaling a willingness to realize some profits in the short term
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F03%2Fbitcoin-federal-reserve.jpg&w=1536&q=40)
The number of individuals holding more than one bitcoin rose to new heights on Sunday as investors remain skittish on bank sector stability
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F03%2Fbitcoin-price-rejection.jpg&w=1536&q=40)
Many of the older coins purchased during the 2021-2022 cycle are now underwater, coinciding with rejection at cost basis of $23,500 price levels
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F02%2Fstocks-crypto.jpg&w=1536&q=40)
A rebound in fast-growth tech stocks on Monday’s trade has all but deepened the rift between US equities and crypto
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F05%2FBLOCKWORKS_21_GENERAL_BITCOIN_165.jpg&w=1536&q=40)
BTC investment vehicles are absorbing demand that would otherwise take place on-chain
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F06%2FWarhold.jpeg&w=1536&q=40)
Bitcoin breaks below $48,000 as daily exchange volumes and network activity remain stagnant
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F10%2FBLOCKWORKS_17_BITCOIN_300.jpg&w=1536&q=40)
Bitcoin rallies above $51,000 on the heels of neutral perpetual funding rates and bullish miner outlook
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F12%2Fshutterstock_740407774-scaled-1.jpg&w=1536&q=40)
Bitcoin has seen a lot of ups and downs throughout 2021, a BTC short squeeze could be building up underneath the surface
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F04%2Fshutterstock_1389552914.jpg&w=1536&q=40)
BTC and ETH bearish price action are contributing to a broader market sell-off of altcoins, Bitcoin derivatives open interest retraces
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F11%2FUntitled-design-2021-11-29T222425.820.jpg&w=1536&q=40)
BTC, ETH and LUNA lead the rebound in digital assets after a large post Thanksgiving day sell-off induced by fears of a new Covid-19 variant.
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F09%2Fshutterstock_281485043-scaled.jpg&w=1536&q=40)
Digital asset funds are bullish on Polkadot (DOT) while BTC continues to consolidate below $60,000 despite inflation running hot
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F11%2Fshutterstock_1939102165.jpg&w=1536&q=40)
Ethereum and bitcoin fundamentals paint a different picture than volatile price action, while NFTs continue to tread water
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F10%2Fshutterstock_1950083839-2.jpg&w=1536&q=40)
Bitcoin faces minor correction on the backs of greedy traders, FTT outpaces other exchange tokens, Terra enables IBC.
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F08%2Fshutterstock_755656525-scaled.jpg&w=1536&q=40)
Bitcoin lends strength to ethereum and major alts, Ethereum has grown considerably since the last time it visited $4,000, SOL and LUNA pop.
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F10%2FBLOCKWORKS_57_NEW_BITCOIN_300.jpg&w=1536&q=40)
Bitcoin hovers above $61,000 on sound fundamentals and technicals, a futures-backed ETF isn’t all positive, Ethereum looks undervalued.
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F10%2FBLOCKWORKS_57_NEW_BITCOIN_300.jpg&w=1536&q=40)
Bitcoin nears price discovery as options open interest rises alongside perpetual funding rates, bitcoin on Ethereum represents 1.5% of supply
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F05%2FBLOCKWORKS_21_GENERAL_BITCOIN_165.jpg&w=1536&q=40)
The macroeconomic backdrop, on-chain fundamental data and regulatory outlook are making bitcoin an easy buy and hold.
Get the daily newsletter that helps thousands of investors understand the markets.