Bitcoin's Price Volatility Continues Amid Bull Run and Economic Uncertainty
Bitcoin's RHODL Ratio metric, which tracks BTC price behavior based on the realized price of the supply, suggests that a new bull run is already underway. The metric compares the relative ages of coins that moved one week ago to those which moved one to two years ago, giving insight into the relative activity of short-term and long-term holders and the extent of speculation in the market. The creator of the metric, Philip Swift, believes that the current bounce in RHODL Ratio indicates a new bull cycle. Other analysts have also praised the RHODL Ratio as one of the greatest on-chain finds.