Bitcoin Hits $78,000—All Eyes On $80,700 Cost Basis?

On-chain data shows the cost basis of the Bitcoin short-term holders is located at $80,700, a level that could come into focus after the latest rally. Bitcoin Is Nearing The Short-Term Holder Realized Price In a new post on X, cycle analyst Root has shared the latest data for the Realized Price of the short-term holders. The “Realized Price” here refers to an on-chain metric that keeps track of the average cost basis or acquisition level of investors on the Bitcoin network. Related Reading: Ethe