Glassnode: Bitcoin has entered the stage of euphoria
Analytical company Glassnode announced that Bitcoin has entered a stage of euphoria against the backdrop of updating its historical maximum. The market is witnessing a change of ownership of the first cryptocurrency – the asset is moving from long-term investors to speculators and novice investors. Investors who bought Bitcoin at a low cost in 2023 began to take profits. This increases the circulation of “young coins” (assets that have moved within the last three months)…