The coin is still selling at a discount when compared to its ATH and many know it well, with Bitcoin largely leaving the exchanges.
The volume of Bitcoin traded in the first quarter of 2022 is down by more than 25% when compared to 2021.
On that note, it’s a good idea to remember that Adjusted Price DAA Divergence for Bitcoin had just started to flash a small red bar as it dipped into negative territory.
While speaking of unusual movements, Bitcoin’s stock-to-flow ratio, which indicates the scarcity of the asset, saw a dramatic spike from slightly above 50 to 109.
While Bitcoin’s price may be recovering, the mining scene is a completely different ball game.
To that end, mining giant Marathon Digital Holdings published its Q1 report for the year.
She has a Masters in Journalism and her areas of study include crypto-regulation, digital society, privacy, and intersectionality.
Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.