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Glassnode: On-chain data shows that BTC has formed a low-density buy zone in the $110,000 to $117,000 range, potentially serving as a strong support area.

By: theblockbeats.news|2025/07/24 14:22:44

BlockBeats News, July 24th, Glassnode published a post stating, "BTC's rapid rise from $110,000 to $117,000 formed an 'air pocket' or low-density accumulation zone on-chain. Since Bitcoin's surge to a historical high of $122,600, the price has remained above this range. If this support is breached, history indicates that such gaps may still evolve into a bottom-building zone."

Bitmine increases its market share offering to $4.5 billion to increase Ethereum holdings

Justin Sun appeared at the TRON.Inc renaming bell ceremony, and the integration of the crypto market and traditional finance opened a new chapter