On-Chain Indicators Point Toward Positive Sentiment for Bitcoin

On-chain indicators are pointing toward positive sentiment for bitcoin, the world’s largest cryptocurrency by market capitalization. The bitcoin supply "in profit," which is the percentage of existing coins whose price at the time they last moved was lower than the current price, has increased since the start of the year, according to data from Glassnode. The indicator has increased by over 20% since early January. Christine Lee presents "The Chart of the Day."