On-Chain Week, 21st week, 2025

The strength in the Bitcoin market persists, with the leading digital asset reaching a new ATH of $111K and establishing the third fresh ATH of this cycle. This has led to a broad increase in activity across all major market segments.

Managing Summary

🔹Investor profitability and their spending activity have noticeably increased, but current levels remain below the extreme values reached at previous bull market peaks.

🔹Activity is also rising in the derivatives sector, where both futures and options markets are seeing significant growth in open interest.

🔹In the event of further growth, the $120K level appears to be a key zone of interest. #BTC