60K, Nuff Said
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Pulse Check on Market Euphoria: The price of BTC crossed the $60k mark for the first time on Saturday, with Net Unrealized Profit/Loss (NUPL) remaining in a relatively ‘green’ region. This signals a healthy dose of optimism among market participants — for now. The NUPL derives insight from on-chain data, and has accurately reflected changes in sentiment patterns throughout macrocycles of BTC’s price movements.