Live updates: Bitcoin bottom signal flashes as holders absorbed 125,000 BTC in June
Bitcoin’s risk-adjusted return has fallen to a level that has marked every bear-market bottom of the past decade, the latest on-chain reading to point toward accumulation rather than more downside. The Sharpe ratio, which measures return against volatility, dropped to -20 on June 11, according to CryptoQuant data reviewed by CoinDesk. It hit that mark...
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