Only 41% of Bitcoin holders are in profit this cycle – threatening worst halving on record

As Bitcoin trades in the low-$60,000s, the ledger shows nearly half of holders are sitting on losses. Newhedge’s percent supply in profit gauge shows 51.78% of coins are in profit with BTC around $63,275, implying roughly 10.35 million BTC in profit versus 9.64 million BTC in loss. However, this weekend, analyst DurdenBTC’s supply in profit […] The post Only 41% of Bitcoin holders are in profit this cycle – threatening worst halving on record appeared first on CryptoSlate.