Bitcoin Profitability Rebounds But Momentum Stalls At $111,000
Posted On September 4, 2025
Bitcoin (CRYPTO: BTC) profitability has rebounded from recent lows, but current levels are not strong enough to confirm renewed momentum, according to fresh Glassnode analysis.
What Happened: The cryptocurrency is trading near $111,000, consolidating within the $104,000–$116,000 range after heavy absorption by investors.
Data shows that short-term holder profitability, which had fallen to just 42% during the selloff, has recovered to around 60%.
“This bounce leaves the market neutral but fragile, with confirmation of renewed momentum only if price reclaims $114k–$116k,” Glassnode noted.
The report also highlighted Bitcoin’s recent …
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