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Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades

Bitcoinist LogoBitcoinist1d ago

Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades - Bitcoinist

Quick Summary:

Following weeks of heightened volatility and persistent selling pressure, the market is beginning to shift its tone.

After surging into the $97,000 level this week, Bitcoin appears to be entering a fresh bullish phase.

Bulls are gaining momentum, and the broader crypto space is showing signs of renewed confidence as price action heats up.

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Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades - Bitcoinist (Picture 1)Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 22:00:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 637 words

Reading Time: 4 minutes read

Sentences: 60 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28325518

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades" has 637 words across 60 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades" was covered 1 days ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 10 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #28325518
  • URL: https://goldengate-staging18.beamstart.com/news/bitcoin-market-enters-new-phase-17462241847373

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