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Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical i...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report
The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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