Bitcoin’s Recent 25% Drop ‘Positive’ as It Tested Holder Conviction: Report

1 month ago 18
Bitcoin’s recent 25% price dip was positive because it flushed out excessive leverage from the market and tested its holders’ conviction while keeping speculators at bay, according to a recent report. The report, published by on-chain analytics firm Glassnode, analysed the recent cryptocurrency market correction, which saw BTC’s price drop from a new all-time high […]
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