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2025-06-04 07:30:09

Layer3.news on Nostr: coindesk.com BITCOIN TRADERS ARE WATCHING THESE LEVELS FOR CUES ON DOWNSIDE RISK -- ...


BITCOIN TRADERS ARE WATCHING THESE LEVELS FOR CUES ON DOWNSIDE RISK


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✍️ Crypto markets are experiencing a steady rise, with Bitcoin hovering above $105,000, but analysts warn that key levels must be monitored for potential moves.
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👉 Bitcoin's price action over the past week has been telling, with a steady rise from earlier in the week.
👉 Overall market capitalization declined 1.8%.
👉 Bitcoin's market-value-to-realised-value (MVRV) ratio currently stands at around 2.2, below the historical top threshold of 3.7.
👉 Stablecoin reserves on exchanges have reached their highest levels in years, a sign that investors may be preparing to deploy fresh capital rather than exiting the market.

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#NickRuck #MatteoGreco #technology
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Stablecoin reserves on exchanges have reached their highest levels in years, a sign that investors may be preparing to deploy fresh capital, traders say.
https://www.coindesk.com/markets/2025/06/04/bitcoin-traders-are-watching-these-levels-for-cues-on-downside-risk

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