Home Blockchain Blockchain Indicator Suggests Bitcoin Could Be Close to Bottoming Out – CoinDesk

Blockchain Indicator Suggests Bitcoin Could Be Close to Bottoming Out – CoinDesk

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The entity-adjusted dormancy flow, a ratio of cryptocurrency’s going market value to the annualized dollar value of coin dormancy, has dropped below $250,000. Dormancy refers to the average number of days each coin transacted remained dormant or unmoved, a gauge of market’s spending pattern.

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