Bitcoin Bull Run Gains Momentum as 98.68% of Addresses Turn Profitable

The cryptocurrency market is buzzing with optimism as Bitcoin edges closer to breaking its all-time highs, fueled by a remarkable statistic: 98.68% of Bitcoin addresses are currently in profit, according to data shared by crypto analytics firm Alphractal on June 12, 2025.

98.68% of Bitcoin addresses are in profit — and market sentiment is Very Bullish!

Bitcoin is on the verge of breaking its all-time highs, fueling optimism and excitement across the crypto space.

Only a tiny fraction of addresses are at a loss — mostly those who bought above… pic.twitter.com/LhFbhxEISo

— Alphractal (@Alphractal) June 12, 2025

This rare peak, last witnessed during the 2021 bull run, has ignited excitement across the crypto space, with market sentiment reaching “Very Bullish” levels.

Alphractal’s latest charts reveal a striking trend, with only a tiny fraction of addresses—those who bought above $108,000—remaining in the red. Historical data from Blockchain.com suggests that when the percentage of profitable addresses exceeds 95%, it often signals a market top, hinting at potential volatility ahead. The “Alpha Crypto Sentiment Gauge” further supports this euphoria, reflecting investor confidence that mirrors sentiment spikes above 70%, a threshold linked to corrections in a 2023 Journal of Behavioral Finance study.

This bullish surge coincides with favorable macroeconomic conditions. Recent U.S. inflation data, reported at 2.4% on June 11, 2025, by the U.S. Labor Department, remains below expectations, easing pressure on traditional markets. A 2022 National Bureau of Economic Research paper highlights how low inflation during economic uncertainty drives crypto adoption, potentially propelling Bitcoin toward $108,000 and beyond. Rising commodity prices, including a 22% spike in crude oil, and booming private credit creation in the U.S. further bolster this narrative, as noted by market analyst Tomas on X.

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However, caution is warranted. The concentration of addresses in profit, coupled with aggressive short-term trading activity (as per Axel Adler Jr.’s analysis), suggests a “soft reversal point” may be looming, with a possible correction or consolidation below $108,000. Industry predictions, including Fidelity’s $1 billion per Bitcoin forecast by 2038, add long-term optimism, but short-term traders should brace for turbulence.

As Bitcoin approaches 100% profitability, the crypto community watches closely. Access Alphractal’s detailed metrics to stay ahead in this exhilarating ride.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

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