A CryptoQuant analyst using the pseudonym “tugbachain” has recently shed light on a key trend within the Bitcoin market. Posting on the CryptoQuant QuickTake platform, the analyst focused on the Market Value to Realized Value (MVRV) ratio, an important metric in the Bitcoin market.
Tag: tanalysis
Binance Coin (BNB) is currently navigating turbulent waters, trading around $548 after experiencing a slight drop of 0.88% the previous day. As it hovers near a crucial support level, the market’s sentiment is shifting towards caution.