Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin Market Faces Significant Drawdown, Glassnode Reports Despite the notable downturn, Glassnode’s latest analysis […]
Source: https://news.bitcoin.com/glassnode-report-says-bitcoin-market-structure-remains-strong-amid-steep-decline/
Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
