
Research: Public Bitcoin Miners in better financial health despite 12.1% YoY drop in BTC holdings
Glassnode data analyzed by CryptoSlate shows that Bitcoin miners are beginning to enjoy some respite in the current year after struggling in 2022.
Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.

The new address momentum metrics indicate a sturdy network growth for BTC while showing an opposite sentiment for the ETH network.

The Difficulty Regression Model and Miner Revenue vs. Yearly Average comparison metrics indicate a market bottom as the hash rate reaches ATH.

The regional price metrics for Bitcoin and Ethereum show that all three regions are bullish on both assets, while they favor Bitcoin more.

Diving deeper into the futures market shows that the ongoing market volatility has the potential to turn into positive price action following the FOMC meeting.

Can Bitcoin mimic gold's past price action following the top of the interest rate schedule?

The Defi, ERC20, and stablecoins categories occupy the second, third, and fourth largest share with 8%, 8%, and 6%, respectively.



