On-chain data suggest favorable historical pattern for Bitcoin, but price action still relies on fresh demand.

From tariffs to political meme coins and regulations, new challenges have emerged in the crypto space over recent months. Yet, they stem from a positive development: crypto adoption has reached record levels.

If the Spent Output Profit Ratio (SOPR) holds the neutral zone as support, history suggests a recovery phase.

Economic uncertainty and a surprising Trump comment contribute to ongoing crypto market stress.

Nansen believes streamlined user experiences and expanded networks drive Base’s breakthrough in app adoption.

Bitcoin’s performance mirrors major US tech stocks as macro concerns persist and risk assets struggle.

Despite the whale appetite, market conditions are still uncertain, and investors are advised to remain calm amid positive and negative news.

As of March 6, publicly listed corporations held 3% of Bitcoin’s supply, worth $52 billion.

The increasing mining difficulty suggests miner capitulation, which could jeopardize the momentum created by whales slowing their Bitcoin realizations.

The USDT market cap increased $5.75 billion in the past 60 days, a move historically associated with price increases for Bitcoin.