Bitcoin has once again seen heavy profit-taking above $70,000, according to Glassnode.
Bitcoin hit by $20 million-an-hour selling pressure above $70,000
Bitcoin has once again seen heavy profit-taking above $70,000, according to Glassnode.
Shares:
Regulatory clarity following Ripple’s litigation outcome continues to support institutional flows, while analysts now point to ambitious $5–$8 targets should XRP break decisively above near-term resistance.
Metaplanet issued 21 million shares through 0% discount moving strike warrants raising 116 billion yen ($745 million) to increase bitcoin treasury.
XLM climbed back above $0.39 after a brief sell-off, with rising open interest signaling renewed institutional confidence.
The temporary loss of mining power underscores academic concerns that geographic and pool concentration can magnify infrastructure failures, though markets showed little immediate reaction.