Bitcoin falls below the 200-week moving average, with over half of circulating chips in loss

Mars Finance News: Bitcoin has recently experienced a significant correction, with the current price around $61,000, a 50% drop from its all-time high, and it has also fallen below the 200-week moving average. Currently, over 50% of its circulating supply is in a loss, which is the first time this has happened since the end of 2022. Data shows that just a month ago, the proportion of coins in loss was around 30%, but now this figure has risen rapidly, indicating that a large number of holders are already in paper losses.
BTC0.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned