Bitcoin and Ethereum Lack Enough Network Demand for the Rally to Continue, Here’s how

Bitcoin and Ethereum Lack Enough Network Demand for the Rally to Continue, Here’s how


CoinGape
2022-08-02 04:06:44

Despite the current macro headwinds, Bitcoin and the broader cryptocurrency market held strong last week. The crypto market is currently undergoing a partial retracement and it will be interesting to see if it can hold up to the $1 trillion benchmark. Glassnode brings some on-chain metrics to understand whether this is just a bear market The post Bitcoin and Ethereum Lack Enough Network Demand for the Rally to Continue, Here’s how appeared first on CoinGape.