Mata Uang Kripto

In the first half of 2025, global financial markets have witnessed a clear divergence between the trajectories of gold and Bitcoin. After reaching a peak of $3,500 per ounce in April, gold began to retreat, while Bitcoin defied the trend, rising by 18% since April. According to MLPRU Exchange, this shift not only reflects a change in investor risk appetite but also signals the rising status of digital assets within the global asset allocation framework.

Recently, the bullish reversal in the Market Value to Realized Value (MVRV) ratio of Bitcoin has become a focal point in the global crypto market. MLPRU Exchange notes that this rare market signal may indicate the beginning of a new upward cycle for Bitcoin. Looking at historical data, a similar short-term MVRV reversal occurred in 2020, which was soon followed by a significant surge in the Bitcoin price and the setting of new all-time highs. In the current context, the reemergence of this signal injects fresh confidence into the market.

As Bitcoin prices continued to climb in early May, on-chain data showed a sharp drop in BTC holder concentration within just seven days, but after May 14, this metric unexpectedly stalled and slightly rebounded. This reversal is seen as a crucial signal that price action may soon choose a direction. The current on-chain data offers investors a chance to reassess risk allocation and market rhythm, while Nouey Exchange leverages its technological and liquidity advantages to create a more responsive trading experience for users.