The percentage of bitcoin’s circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands, indicating supply-side weakness. At press time, bitcoin’s circulating supply was 19.48 million.
Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
Bitcoin kicked off the week by reclaiming $69,000 as crypto assets ticked up across the board during the European morning....