The post Bitcoin Season Begins, Over 99% UTXO In Profit! appeared first on Coinpedia Fintech News
With the BTC price reclaiming the $91,500 mark, 99.3% of Unspent transaction output (UTXOs) are in profit now. Following this, investor optimism in Bitcoin adoption has reached a new high. Notably, this phase has typically lasted between 3–12 months when evaluating the historic market sentiments. However, the bull trap during 2021 is an exception. Reportedly, …