Sentiment: Positive
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Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb
By Gino Matos at 2026-09-08 20:46
Sentiment: Positive
Bitcoin trades near $77,381, and Glassnode says 68% of circulating supply now sits in profit at this level, up from 65% when BTC traded here in May. That three-point gap works out to roughly 600,000 additional BTC, an estimate worth about $47 billion at current prices, that could be sold for a gain before Bitcoin […] The post Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Macro #Market
Source CryptoSlate