Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
VanEck Research Director: Bitcoin's net unrealized profit and loss is about to break through 0.5, which is a key sentiment shift

VanEck Research Director: Bitcoin's net unrealized profit and loss is about to break through 0.5, which is a key sentiment shift

Cointime2024/07/15 13:04
By: Cointime
BTC+1.16%

Matt Sigel, the head of digital asset research at VanEck, posted on social media stating that Bitcoin's net unrealized profit/loss (NUPL) is about to break through 0.5, which is a key emotional turning point. When this happened last on February 8th, Bitcoin rose from $45,000 to $73,000 (+62%) over a period of 34 days.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
Bitget Announcement2025/10/17 13:30
Bitget Builder+ Initiative is now recruiting!
Bitget Announcement2025/10/17 11:00

Trending news

More
1
CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
2
Bitget Builder+ Initiative is now recruiting!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,373.05
+1.40%
Ethereum
Ethereum
ETH
$3,967.87
+2.75%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$1,121.2
+3.25%
XRP
XRP
XRP
$2.39
+2.19%
Solana
Solana
SOL
$190.62
+3.50%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.3190
+1.80%
Dogecoin
Dogecoin
DOGE
$0.1960
+4.91%
Cardano
Cardano
ADA
$0.6575
+4.51%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter