Bitcoin News: Short-Term Holders Selling at a Loss – Implications for BTC

Bitcoin's short-term holders (STH) are currently selling their holdings at a loss, as indicated by the negative Short-Term Holder Spent Output Profit Ratio (STH SOPR). This metric, which compares the 30-day STH SOPR to its 365-day average, reveals a significant shift in profitability trends among short-term investors. Historically, such occurrences have often marked pivotal moments in the market, potentially signaling either a prime opportunity for long-term investment or a period of heightened market volatility. This development is crucial for investors to monitor, as it could indicate a turning point in Bitcoin's price trajectory.

Bitcoin: THIS group starts selling at a loss – What it means for BTC

Bitcoin short-term holders are now selling their holdings at a loss, with the Short-Term Holder Spent Output Profit Ratio (STH SOPR) multiple turning negative. This metric, which compares the 30-day STH SOPR to its 365-day average, highlights a shift in STH profitability trends. Historically, such moments have coincided with significant market turning points, signaling either attractive long-term entry opportunities or heightened short-term risks. The STH SOPR measures whether Bitcoin short-term holders are selling at a profit or a loss. By comparing the 30-day STH SOPR to its 365-day average, it provides insights into market sentiment and potential future movements.

Is Bitcoin Bull Cycle Nearing Its Conclusion? – Expert Shares Key Insights

Bitcoin experienced significant volatility over the weekend, reaching a new all-time high of $109,350 before retracing to $99,400. Analyst Axel Adler highlighted the Net Unrealized Profit/Loss (NUPL) metric among miners, which currently stands at 0.5, suggesting potential for further growth. This metric helps gauge whether the market is nearing a cycle top.

Brian Armstrong Discusses Trump's Enthusiasm for Bitcoin at Davos

At the World Economic Forum in Davos, Switzerland, Brian Armstrong, CEO of Coinbase, shared insights into President Trump's enthusiasm for Bitcoin. Armstrong highlighted that Trump is keen on making America the 'crypto capital of the planet' and aspires to be the first 'Bitcoin president.' Discussions with Trump have centered around the potential of the cryptocurrency industry. Armstrong also emphasized the importance of Bitcoin as a strategic reserve, akin to gold and other precious resources, suggesting that any government holding gold should also consider Bitcoin. This comes in the wake of the launch of Trump's meme coin, indicating the First Family's venture into the crypto space.

President Trump Pardons Silk Road Founder Ross Ulbricht

In a surprising move, President Donald Trump has announced the full and unconditional pardon of Ross Ulbricht, the founder of the infamous Silk Road marketplace. The announcement was made on Truth Social, where Trump stated that the pardon was in honor of Ulbricht's mother and the Libertarian Movement, which has shown strong support for him. Trump criticized the legal proceedings that led to Ulbricht's conviction, calling the sentences 'ridiculous' and accusing the involved parties of being part of the government's weaponization against him. Ulbricht was previously sentenced to two life terms plus 40 years for his role in operating Silk Road, a platform that facilitated illegal transactions using cryptocurrencies like Bitcoin.

Will Bitcoin price reach $200K after Trump’s inauguration? BitDCA CTO weighs MicroStrategy, El-Salvador impact.

Bitcoin price hit a new all-time high of above $109,000 amid Trump’s inauguration on Monday. With on-chain data trends showing that institutional players have been dominant during the latest BTC rally, Ondřej Kavka, CTO and Co-founder at BitDCA has hinted how recent accumulation wave from whale entities like MicroStrategy and El-Salvador could influence retail traders. BTC on-chain transaction volumes dropped by 37% in the last two weeks, signaling that institutional investors are leading the current rally. In an exclusive interview, Ondřej Kavka suggested that retail traders could mirror MicroStrategy and El Salvador’s periodic purchase strategy in 2025.