{"id":21481,"date":"2025-04-10T12:02:55","date_gmt":"2025-04-10T12:02:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21481"},"modified":"2025-04-10T12:02:55","modified_gmt":"2025-04-10T12:02:55","slug":"why-the-bitcoin-bull-market-is-back-on-at-93000-glassnode","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21481","title":{"rendered":"Why The Bitcoin Bull Market Is Back On At $93,000: Glassnode"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) recent price slide has become more than just a correction, now reflecting a deep contraction in capital inflows, liquidity and investor sentiment, according to new on-chain data <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">from analytics firm Glassnode<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The firm&#8217;s report <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-14-2025\/?utm_campaign=WoC_13_25&amp;utm_medium=email&amp;utm_source=newsletter\">released<\/a> on Wednesday identifies $93,000 as a critical threshold that must be reclaimed to re-establish bullish momentum in the market.<\/p>\n<p>The market downturn, triggered by global volatility following the U.S. administration&#8217;s latest tariff announcements, has caused a wide selloff across digital assets. <\/p>\n<p>Bitcoin fell from $83,500 to $74,500, wiping out $150 billion in market cap.<\/p>\n<p><strong>Ethereum<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) decline was even steeper, with the asset falling from $1,800 to $1,380, shrinking its market cap by $40 billion.<\/p>\n<p>Capital inflows across Bitcoin have sharply declined. <\/p>\n<p>The network&#8217;s 30-day realized cap change, a measure of net new capital, peaked earlier this year at $100 billion per month but now sits at just $6 billion per month. <\/p>\n<p>Ethereum has already flipped into net capital outflows, currently losing about $6 billion per month, as coins acquired at higher &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44731819\/why-the-bitcoin-bull-market-is-back-on-at-93000-glassnode\" alt=\"Why\" the bitcoin bull market is back on at glassnode>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) recent price slide has become more than just a correction, now reflecting a deep contraction in capital inflows, liquidity and investor sentiment, according to new on-chain data from analytics firm Glassnode. What Happened: The firm&#8217;s report released on Wednesday identifies $93,000 as a critical threshold that must be reclaimed to re-establish bullish [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21481","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21481"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21481\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}