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Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline

Bitcoin.com

Bitcoin News / Bitcoin.com 131 Views

Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep DeclineBitcoin 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 […]
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