The yield convergence and its implications for Bitcoin
The yield convergence and its implications for BitcoinCryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin.
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The yield convergence and its implications for BitcoinCryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin. α Weekly ResearchTUSD supply spiked ahead of Bitcoin’s $30K rallyAnalyzing the correlation between increased TUSD supply and the price of Bitcoin Short-term Bitcoin holders signal positive market momentum as BTC breaks $30KOn-chain data shows a significant change in short-term holder behavior, which has historically correlated with the end of bear cycles. α Top Insights
More α ResearchBitcoin’s illiquid supply hits all-time high as hodlers continue to accumulateContinuous hodler accumulation has pushed Bitcoin's illiquid supply to its all-time high, now accounting for 78% of the circulating supply. Bitcoin liveliness indicates “hodler” behavior during extended price stabilityAn often underrated on-chain metric, Bitcoin liveliness serves as a valuable barometer of market activity and provides insight into hodler behavior. Short-term holders react swiftly to SEC lawsuits, sending Bitcoin deposits soaring on exchangesShort-term holders were responsible for 76% of all Bitcoin deposits in the past week, showing the impact the SEC's lawsuits had on the cohort.
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