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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)$88,993.00-4.06%
  • ethereumEthereum(ETH)$2,967.49-7.08%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$879.65-5.55%
  • rippleXRP(XRP)$1.90-3.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$127.35-4.88%
  • tronTRON(TRX)$0.296911-4.52%
  • staked-etherLido Staked Ether(STETH)$2,966.36-7.11%
  • dogecoinDogecoin(DOGE)$0.125489-2.47%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$88,993.00-4.06%
  • ethereumEthereum(ETH)$2,967.49-7.08%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$879.65-5.55%
  • rippleXRP(XRP)$1.90-3.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$127.35-4.88%
  • tronTRON(TRX)$0.296911-4.52%
  • staked-etherLido Staked Ether(STETH)$2,966.36-7.11%
  • dogecoinDogecoin(DOGE)$0.125489-2.47%