IntoTheBlock: Bitcoin experienced a drop in new addresses at the start of June
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Long-term BTC holders are back in accumulation mode
Share link:In this post: The period of capitulation and spot selling has ended, and almost all wallet cohorts either hold or accumulate. 87.6% of the BTC supply is in profit, as the coin consolidates around $97,000. Short term buyers are in the money, feeling less pressure for wallets aged less than one month.
US stocks surge as jobs data eases recession fears, S&P 500 eyes 20-year win streak
Share link:In this post: The S&P 500 jumped 1.5% on Friday, heading for its longest winning streak since 2004. April payrolls beat expectations with 177,000 jobs added, easing recession fears. Apple dropped 3% after missing revenue targets, while Amazon rose slightly.
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