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Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode

August 20, 2024 by DIGIT
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Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.

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Categories Bitcoin, Bitcoin ETF, Bitcoin market analysis, BTC, BTC Price, Glassnode
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  • bitcoinBitcoin(BTC)$89,327.00-3.28%
  • ethereumEthereum(ETH)$2,978.93-6.45%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$879.91-5.13%
  • rippleXRP(XRP)$1.90-3.00%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$127.47-5.10%
  • tronTRON(TRX)$0.297548-4.09%
  • staked-etherLido Staked Ether(STETH)$2,976.78-6.58%
  • dogecoinDogecoin(DOGE)$0.125452-2.02%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,327.00-3.28%
  • ethereumEthereum(ETH)$2,978.93-6.45%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$879.91-5.13%
  • rippleXRP(XRP)$1.90-3.00%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$127.47-5.10%
  • tronTRON(TRX)$0.297548-4.09%
  • staked-etherLido Staked Ether(STETH)$2,976.78-6.58%
  • dogecoinDogecoin(DOGE)$0.125452-2.02%