
Bitcoin’s climb past $80,000 has energized the cryptocurrency community, with all wallet addresses now in profit and trading volumes surging. However, caution rises as Bitcoin’s “Extreme Greed” index nears overbought levels, prompting some analysts to anticipate a price correction.
Bitcoin Reaches New High, All Wallets Now Profitable
The cryptocurrency world is feeling a mix of exhilaration and concern as the price of Bitcoin reaches $80,000. Many view this as a turning point in Bitcoin’s price journey, as all Bitcoin wallet addresses are now profitable, according to data supplied by Ki Young Ju, CEO of CryptoQuant.
“We often see a correction
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