Gold shines as Bitcoin sinks below $37,000, on-chain metrics indicate further trouble ahead

2 years ago

EdgeAnalysis

On-chain metrics amusement a autumn successful request and interest, arsenic good arsenic merchantability unit coming from proviso holding astatine a loss.

Samuel Wan Feb. 22, 2022 astatine 1:30 p.m. UTC 3 min read

Gold shines arsenic  Bitcoin sinks beneath  $37,000, on-chain metrics bespeak  further occupation    ahead

Since Thursday, Bitcoin has mislaid 20% successful value, with Monday’s sell-off tanking its terms beneath $37,000.

Over the past week, of the top-100, lone Terra-based Anchor Protocol managed to enactment green, posting 6% gains.

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