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50% of BTC supply underwater. Bottom in weeks?
Published 3 weeks ago
Description
50% of Bitcoin supply is underwater. Fear & Greed at 9. Japan's banks plan stablecoin.
Today's key developments:
• Over half of all Bitcoin is now underwater. This level usually marks a market bottom within weeks.
• Japan's three largest banks announced plans to launch a joint stablecoin by March 2027.
• Bitcoin Layer-2 project Botanix is shutting down with a brutal post-mortem: 'Users just didn't care."
📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/50-of-btc-supply-underwater-bottom-in-weeks-jun-10-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast
🔔 Subscribe for daily crypto market updates!
⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.
#crypto #bitcoin #ethereum #dailypulse #tokenmetrics
Sign up for the Daily Pulse at tokenmetrics.com
Today's key developments:
• Over half of all Bitcoin is now underwater. This level usually marks a market bottom within weeks.
• Japan's three largest banks announced plans to launch a joint stablecoin by March 2027.
• Bitcoin Layer-2 project Botanix is shutting down with a brutal post-mortem: 'Users just didn't care."
📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/50-of-btc-supply-underwater-bottom-in-weeks-jun-10-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast
🔔 Subscribe for daily crypto market updates!
⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.
#crypto #bitcoin #ethereum #dailypulse #tokenmetrics
Sign up for the Daily Pulse at tokenmetrics.com