Bitcoin Profit Supply Drops to 53.8% as Doubts Persist

Bitcoin’s supply held at a profit dropped to 53.8% after briefly exceeding 60%, reflecting persistent investor uncertainty. Bitcoin spot flows turned volatile from October 9–21, with outflows nearing $90 million around October 15. Bitcoin recovered toward $83,000 by October 20 as inflows topped $60 million, despite renewed selling pressure on October 21. Bitcoin investors remain uncertain as the share of circulating supply held at a profit falls to 53.8%, according to analyst Darkfost. The figure briefly exceeded 60% before retreating toward the 50% neutrality threshold.

Source: Crypto Front News