?? 'One of the greatest' Bitcoin metrics says $BTC price bull run is hereThe decline in the Bitcoin RHODL Ratio suggests that Bitcoin's market cap is outpacing its daily transaction volume, pointing to potential price gains ??

*?? Read more* here

DAILY CRYPTO MARKET REVIEW
⚡️ BTС price trades below $27K
⚡️ The Top-10 are traded in different directions: $SOL -1.32%, $XRP +5.44%, $DOGE +0.91%
⚡️ The Bitcoin dominance: 42.64% (-0.08%)
⚡️ Fear & Greed Index: 50 (Neutral)

Stay tuned! ?

? DO YOU BELIEVE THAT THE BITCOIN BULL MARKET IS ON ITS WAY?

According to Glassnode's "Recovering from a Bitcoin Bear" dashboard, all 8 indicators are currently showing a green light.

This signals a historically powerful bullish trend for the Bitcoin market ?

?Check it out here

⚡️ BLOOMBERG'S SURVEY OF 637 INVESTORS, COMPRISING OF BOTH RETAIL AND INSTITUTIONAL ORGANIZATIONS, REVEALED THE TOP 3 HEDGE ASSETS IN THE EVENT OF A US DEFAULT ⚡️
Gold topped the list with over half of the professionals and 45.7% of retail investors opting for it. US Treasury bonds followed in second place, while Bitcoin secured third place with 7.8% of professional investors and 15.1% of retail investors choosing it.

Bloomberg.com

Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?

Bitcoin is a more popular safe haven then the US dollar, the yen or the Swiss franc, survey of investors shows

*? CHO mentioned among Top Gainers of the day! ?***

? Aiming for the 1st place on the list

X (formerly Twitter)

BlockTalks (@HiBlockTalks) on X

Top Gainers of the Day! $USH +58.45% $GEAR +43.64% $LADYS +32.75% $CHO +31.56% $CAW +14.81% @unsheth\_xyz @GearboxProtocol @miladymemecoin @ChoiseCom @caw\_coin***⚡️*** Top influencers are @CryptoDamus411 @trmachine888 @miladymemecoin @CryptoDiffer @FelixRyoshi***✨******🚀***

? GLASSNODE REPORTS THAT THE NUMBER OF BITCOIN ADDRESSES OF AT LEAST 1 BTC HAS EXCEEDED THE 1 MILLION THRESHOLDS?
The most significant surge in this metric occurred during the sharp decline of Bitcoin in June 2022 and after the collapse of FTX in November 2022. Since February 2022, roughly 190,000 new owners have joined the league of BTC holders. Negentropic, Glassnode's co-founder, has predicted that the upward trend of the cryptocurrency's growth is set to continue.

Cointelegraph

Bitcoin addresses holding 1 BTC or more reach 1 million: Glassnode

The number of Bitcoin wallet addresses holding one whole BTC or more, has reached the one million mark for the first time, with roughly 200,000 of the newest wholesalers joining the ranks in 2022.

DAILY CRYPTOMARKET REVIEW
⚡BTС price trades below $27K
⚡The Top-10 are traded in different directions: $BNB +0.69%, $SOL -0.78%, $XRP -0.57%
⚡Market capitalization: $1.22T (+0.01%)
⚡The Bitcoin dominance: 42.54% (+0.12%)
⚡Fear & Greed Index: 48 (Neutral)

Stay tuned! ?

? GET READY FOR THIS WEEK'S THE MARKET REPORT, WHERE MARCEL PECHMAN COVERS THE LATEST CRYPTO TRENDS.
⚡️Learn why Bitcoin has been struggling to exceed the $29,000 barrier and discover the reason behind the recent dip in crypto prices.
Pechman also examines Federal Reserve Chair Jerome Powell's statement about maintaining interest rates above 5% and deciphers Warren Buffett's "incredible period" comment.

Cointelegraph

Here’s why crypto prices are down

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29K level and why crypto prices have been falling.

?? EU'S NEW MICA REGULATIONS FOR CRYPTO ASSETS. HERE ARE THE 3 TAKEAWAYS YOU NEED TO KNOW:

The European Union has taken a leap forward in crypto regulation by passing Markets in Crypto-Assets (MiCA). It aims to create common laws and harmonized rules at the EU level for the crypto industry and investors to establish legal certainty.

However, critics argue that MiCA may stifle innovation, increase compliance costs for decentralized exchanges, raise privacy concerns, and require collaboration between regulators and the crypto industry to balance regulation and innovation.
1️⃣ All crypto asset service providers will need to be authorized2️⃣ Stronger customer protection measures will be put in place3️⃣ Stablecoins will face stricter rules and oversight
Get the full scoop on how these regulations will impact the crypto industry ⚡️

Cointelegraph

3 takeaways from the European Union's MiCA regulation

Europe's new Markets in Crypto-Assets (MiCA) regulation could stifle innovation and increase compliance costs for the crypto industry, according to Guneet Kaur.

DAILY CRYPTOMARKET REVIEW
? BTС price trades below $28K
? The Top-10 are traded in different directions: $ADA +0.7%, $DOGE -0.72%, $ETH -0.46%
? Market cap: $1.24T (-0.23%)
? $BTC dominance: 43.16% (-0.07%)
? Fear & Greed Index: 52 (Neutral)

Stay tuned! ?