Bitcoin’s spot price is hovering around $87800, according to data from Glassnode cited by Foresight News. The report notes that the price moves reflect on-chain activity and recent model adjustments referenced in the summary.
Analysts highlight that on-chain dynamics are translating into near-term price action as traders weigh the implications. With markets watching further on-chain signals, investors remain cautious amid evolving metrics. Bitcoin’s spot price is hovering around $87,800, according to data from Glassnode cited by Foresight News.
The move reflects on-chain activity and recent model adjustments noted in the summary. Analysts say the price action is being shaped by evolving on-chain signals as traders weigh the implications. Analysts point out that on-chain dynamics are translating into near-term price action, with market participants watching for further network signals. Investors remain cautious as metrics evolve and models are refined, potentially guiding short-term moves.
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