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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)$89,124.00-3.30%
  • ethereumEthereum(ETH)$3,018.56-3.77%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-3.69%
  • binancecoinBNB(BNB)$882.73-1.99%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.13-4.26%
  • tronTRON(TRX)$0.285681-0.34%
  • staked-etherLido Staked Ether(STETH)$3,017.92-3.80%
  • dogecoinDogecoin(DOGE)$0.139364-5.58%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,124.00-3.30%
  • ethereumEthereum(ETH)$3,018.56-3.77%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-3.69%
  • binancecoinBNB(BNB)$882.73-1.99%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.13-4.26%
  • tronTRON(TRX)$0.285681-0.34%
  • staked-etherLido Staked Ether(STETH)$3,017.92-3.80%
  • dogecoinDogecoin(DOGE)$0.139364-5.58%