Bitcoin's surge to $94,000 shows a mix of macro optimism and shifting investor sentiment: Glassnode

Bitcoin (BTC) traded above $93,000 on Thursday as rumors of US-China tariff easing stirred a rebound in price, sending the percentage of supply in profit at current price levels to 87. 3%, 5% above 82. 7% recorded in March, according to Glassnode data. source: https://www.fxstreet.com/cryptocurrencies/news/bitcoins-surge-to-94-000-shows-a-mix-of-macro-optimism-and-shifting-investor-sentiment-glassnode-202504250355