Bitcoin holders stay profitable despite volatile week

On-chain metrics show Bitcoin's rapid price swings failed to shake long-term profitability.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin's recent rollercoaster ride captured fascinating shifts in market sentiment, closely tied to its Net Unrealized Profit/Loss (NUPL) and Market Value to Realized Value (MVRV) metrics. As the cryptocurrency soared above $94,000 following a shocking announcement from President Donald Trump, these on-chain indicators hinted at an influx of profit for many holders, particularly those who recently entered the market. However, just a day later, a sharp turn sent Bitcoin stumbling back to the mid-$80,000s. What triggered this sudden change, and how have seasoned investors navigated the turmoil?