Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show
“Sharp upticks in short-term holder supply in loss tend to follow ‘top heavy markets’ such as May 2021, Dec 2021, and again this week,” one observer said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Recent Posts
Bitcoin Demand Outstrips Supply Ahead of August Lull: Crypto Daybook Americas
By James Van Straten (All times ET unless indicated otherwise) Bitcoin (BTC) has dropped 3%…
Bitcoin to Hit $135K by Year-End in Base-Case Forecast, $199K in Bullish Scenario: Citi
Wall Street bank Citi (C) refined its crypto valuation models to reflect the evolving dynamics…
Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic
Bitcoin is making its first meaningful move since breaking its all-time highs and reaching the…
Bitcoin Price Bleeds As Galaxy Digital Unleashes $1.5 Billion Sell-Off
Bitcoin’s summer melt-up has come to an abrupt halt. The benchmark cryptocurrency slipped from an…
Volmex’s Bitcoin and Ether Volatility Futures Top $10M Volume Since Debut as Traders Look Beyond Price
Futures tied to Volmex's bitcoin (BTC) and ether (ETH) implied volatility indices, BVIV and EVIV,…
Bitcoin Slides to $115K as Dow Jones Rally Stalls at December-January High
Bitcoin's (BTC) price dropped early Friday, marking a bearish resolution to the recent range play…