Bitcoin and Ethereum Show Signs of Imminent Breakout, On-Chain Data Suggests

07/12 06:00

Bitcoin has been consolidating around the $30,500 level throughout July, indicating a possibility of an imminent breakout. On-chain data from Santiment suggests that the breakout could be in the upward direction, as the Net Realized Profit/Loss (NRPL) indicator is negative in relation to the price.
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