Glassnode: Bitcoin's Largest Single-Day Close Gain Since October 2023 Marks Biggest Upside Volatility
Glassnode noted that the last time Bitcoin saw such a significant daily close gain was in February this year, primarily as a rebound from the previous day's 14%…
Glassnode noted that the last time Bitcoin saw such a significant daily close gain was in February this year, primarily as a rebound from the previous day's 14% drop. This rise is not a technical bounce after a crash; relative to its 30-day volatility, the gain reached 5.8 standard deviations, marking the largest upside volatility since October 2023.
insigtX content is informational and educational, not investment advice.