Invest ideasNews
20 May 2026, 12:25
Bitcoin’s $60K February Low May Be the Bottom, On-Chain Data Suggests
BitcoinWorld Bitcoin’s $60K February Low May Be the Bottom, On-Chain Data Suggests Fresh on-chain analysis suggests that Bitcoin’s drop to roughly $60,000 in February may have marked the cycle’s bottom, with several key indicators mirroring patterns seen during the 2022 bear market trough. Realized Cap and RHODL Ratio Signal Bottom Formation According to a report from CoinDesk, Bitcoin’s Realized Cap — a metric that calculates the network’s total value based on the price at which each coin last moved — has stabilized near $1.08 trillion after declining from a peak of $1.12 trillion last October. This stabilization closely resembles the behavior observed during the 2022 bear market bottom, when Realized Cap flattened after a prolonged decline. The RHODL Ratio, which compares short-term to long-term holder behavior, is also showing patterns consistent with prior cycle lows, suggesting that long-term holders are accumulating while short-term selling pressure subsides. Perpetual Futures Funding Rates Reflect Extreme Bearish Sentiment Another critical signal comes from the perpetual futures market. Funding rates — periodic payments between long and short traders — remained negative for an extended period from February through May. This indicates that short sellers dominated the market and that bearish sentiment was unusually persistent. Historically, prolonged negative funding rates have preceded major price bottoms, as they reflect an overcrowded short trade that eventually unwinds. The current pattern is similar to what was seen in late 2022, just before Bitcoin began its recovery from the $16,000 low. Why This Matters for Investors While these on-chain signals are historically reliable, analysts caution that they are not definitive predictors of immediate upward momentum. The broader macroeconomic environment — including Federal Reserve interest rate decisions and global liquidity conditions — remains a significant variable. Additionally, the trajectory of spot Bitcoin ETF fund flows will likely influence price action in the coming months. For investors, the data suggests that the worst of the selling pressure may be behind us, but the path to a sustained recovery is far from guaranteed. Conclusion Bitcoin’s on-chain metrics are flashing signals that have historically accompanied market bottoms. The stabilization of Realized Cap and the extended period of negative funding rates point to a potential turning point. However, external factors such as macroeconomic policy and institutional flows will ultimately determine whether the $60,000 level holds as a long-term floor. Investors should treat these signals as part of a broader analysis rather than a standalone buy signal. FAQs Q1: What is Realized Cap and why is it important? Realized Cap values each Bitcoin at the price it last moved on-chain, providing a more accurate picture of aggregate cost basis than market cap. A stabilizing Realized Cap suggests that selling pressure is exhausting and that the market is finding a floor. Q2: How do perpetual futures funding rates indicate a bottom? Prolonged negative funding rates mean short sellers are paying to maintain their positions, reflecting extreme bearish sentiment. Historically, such conditions have preceded major price bottoms as short positions get squeezed. Q3: Can on-chain data alone predict Bitcoin’s price? No. On-chain data provides valuable signals about market structure and sentiment, but price is influenced by many factors, including macroeconomic conditions, regulation, and capital flows. These metrics are best used in combination with other analysis. This post Bitcoin’s $60K February Low May Be the Bottom, On-Chain Data Suggests first appeared on BitcoinWorld .
20 May 2026, 12:21
BTC tops popularity list among Poland's 2.5 million crypto holders
Bitcoin is the most popular digital asset with cryptocurrency owners in Poland, according to a new study ordered by the EU nation’s central bank. The monetary authority wants to know the true number of people holding cryptocurrencies in the country, which is preparing to finally adopt European rules. The results have come out after the leading crypto market in the eastern half of the Union was recently stunned by the crash of a major coin trading platform in the region. How many Poles really own cryptocurrencies? Cryptocurrencies are enjoying significant interest from Polish investors, despite the recent challenges, but their central bank wants to know exactly how popular they are. According to a survey commissioned by the National Bank of Poland (NBP), 6.4% of the country’s adult population, around 2.5 million people, actually own digital assets. The regulator noted that the figure comes with 95% probability, pointing out that the real number is somewhere in the range of 5% to 8.1% (approx. 1.9 – 3 million). The poll was conducted by the market and opinion research firm Ipsos among 1,000 respondents and widely quoted by Polish media. The news outlets Puls Biznesu and Super Biznes remarked that it paints a more muted picture of the market than suggested by other surveys. It indicates that while crypto assets are gaining popularity, they are not a mass investment tool yet, analysts say, but is this really the case? A study carried out by the Dutch-licensed fintech company ARI10 and USE Research claimed that around 10 million Poles, over 35% of all, keep digital coins. The finding featured in the “Cryptocurrency Adoption in Europe 2026” report , published earlier this year, put Poland among leading European nations in terms of ownership. That research covered more than 11 000 respondents from 11 countries on the Old Continent, including Germany, France, the United Kingdom, and Norway, as recently reported by Bankier.pl. Commenting on its own poll, Poland’s central bank admitted it treats the data with some caution, acknowledging its estimates are quite conservative. Which coins do Polish investors pick? The NBP study also looks into the portfolios of Polish crypto investors, who tend to choose the best-known currencies, especially those with the largest market capitalization. Bitcoin (BTC) often serves as the gateway to the market, with 3.5% of all respondents holding some. It’s followed by Ethereum (ETH), with 2.2%, while 3.1% have put money into other coins. It’s worth noting that a relatively small share of the polled, 0.9%, keep fiat-pegged stablecoins such as Tether’s USDT or Circle’s USDC and EURC. The authors of the report attempt to profile the average cryptocurrency owner in Poland, remarking that their findings aren’t much different from those in other EU countries. Men are relatively more likely to acquire digital assets than women, and younger people are typically more eager to invest in them than the representatives of older generations. Meanwhile, Bitcoin.pl highlighted another aspect that may have influenced the answers of participants in the poll, hence its results. Taxation unveils the truth better than surveys, the crypto portal wrote in an article on Tuesday, recalling that only around 20,000 Poles reported crypto holdings on their tax returns last year. Regardless of whether the true number of crypto holders is closer to 2 or 10 million, it signals that cryptocurrency is no longer a niche thing, the publication emphasized. The latest polling data comes in the aftermath of the collapse of a major exchange in Poland, Zondacrypto, and amid political turmoil over the adoption of legislation introducing the EU’s Markets in Crypto Assets ( MiCA ) regulations in the country. The smartest crypto minds already read our newsletter. Want in? Join them .
20 May 2026, 12:20
Does XRP Risks of Losing 500 Million Threshold Permanently? Network Activity Unable to Recover
The current state of the XRP network shows that bulls aren't ready to push more funds to the market.
20 May 2026, 12:17
XRP Records 100% Uptick in U.S. ETFs, but 105-Day Sideways Drift Blocks Price Breakout
U.S. spot XRP ETF inflows jumped 100% to $1.48 million amid Senate CLARITY Act progress, but a 105-day consolidation keeps the token locked in accumulation.
20 May 2026, 12:15
Bitcoin Rises as Treasury Yields and Nvidia Earnings Test Risk Sentiment
20 May 2026, 12:13
Dogecoin eyes $5 to $10 if $0.80 breaks
🚀 Dogecoin could surge to $10 if it breaks $0.80 resistance. Analysts note $DOGE is still holding a crucial long-term support line. Continue Reading: Dogecoin eyes $5 to $10 if $0.80 breaks The post Dogecoin eyes $5 to $10 if $0.80 breaks appeared first on COINTURK NEWS .
