Bitcoin Investors Display Resilient Optimism as Cost Basis Trends Upwards

Glassnode's analysis, which segments data into cohorts based on the year of Bitcoin acquisition, offers valuable insights into the evolving dynamics of the market. Specifically, the 2024 cohort stands out for its remarkable resilience, as evidenced by its willingness to purchase Bitcoin at incrementally higher prices.

Glassnode's analysis, which segments data into cohorts based on the year of Bitcoin acquisition, offers valuable insights into the evolving dynamics of the market. Specifically, the 2024 cohort stands out for its remarkable resilience, as evidenced by its willingness to purchase Bitcoin at incrementally higher prices.