The Bitcoin market has been calm for the better part of May, as prices hover in a relatively stable range between $26,000 and $28,000. However, beneath this seemingly tranquil surface, several on-chain metrics indicate potential shifts in market sentiment and investor behavior. The Spent Output Profit Ratio (SOPR) is a valuable gauge of profitability and […]
![Despite recent stillness, on-chain metrics indicate possible volatility ahead for Bitcoin](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/05/on-chain-bitcoin.jpg&w=70&h=37&q=75)
Despite recent stillness, on-chain metrics indicate possible volatility ahead for Bitcoin
On-chain metrics show that the currently uneventful Bitcoin market could be gearing up for future volatility.
![Despite recent stillness, on-chain metrics indicate possible volatility ahead for Bitcoin](https://cryptoslate.com/wp-content/uploads/2023/05/on-chain-bitcoin-768x403.jpg)
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