Sentiment: Positive
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Grayscale Sees Bitcoin Bottom Forming As Recent Buyers Return to Breakeven
By Kelvin Munene at 2026-05-09 01:45
Sentiment: Positive
TLDR Grayscale says Bitcoin’s recent buyers are back near breakeven at about $74,000. Bitcoin has risen nearly 20% since its February 5 low, according to Grayscale. Grayscale says buyer breakeven can reduce sell pressure and improve short-term sentiment. Strategy added 34,164 BTC and raised total holdings to 815,061 BTC by April 19. BitcoinTreasuries data place [...] The post Grayscale Sees Bitcoin Bottom Forming As Recent Buyers Return to Breakeven appeared first on CoinCentral. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Markets #Grayscale
Source Coin Central