Bitcoin Bull Run Indicators Flash as Supply Tightens and Altcoins Rebound
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Bitcoin's market demand has outpaced its supply according to Glassnode founders, a bullish sign.
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700,000 new BTC addresses were created in one day, a top indicator for future price moves.
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With fewer coins in circulation, buyers may raise bids to get orders filled, potentially increasing price.
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Altcoins like Solana are seeing a comeback as BTC stabilizes, thanks to higher volatility.
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DeFi and layer-1 tokens are bouncing back as BTC and ETH plateau, showcasing growth.