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Bitcoin Turns Sideways as Glassnode Profitability Metrics Weaken

2026-05-26 09:41:36

Glassnode said Bitcoin entered a sideways trend after moving from $79,000 to $74,000 and rebounding to $77,000. The firm said profitability metrics show bearish sentiment as NUPL declined and more transactions were realized at a loss.

BTC-1.74%

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