Bitcoin Hit by Capitulation Spike, Institutional Confidence Holds

Bitcoin (BTC) hit its second-largest capitulation spike in two years this week, signaling a sudden surge in forced selling and heightened market stress.  According to blockchain analytics firm Glassnode, such events often push investors to de-risk, driving higher volatility as positions are adjusted. Historical data show that these spikes typically precede consolidation periods, where participants remain active but hesitant to take major directional bets. https://twitter.com/glassnode/status/2019377280254972147 Despite the turbulence, institutional sentiment remains constructive. On-chain and survey data indicate Bitcoin continues to maintain a stronger footing than most altcoins, suggesting professional investors view the cryptocurrency as a core portfolio asset. Market

Continue reading on DailyCoin.