Bitcoin Faces Fifth Weekly Loss as US Midterms Weigh In

TL;DR Bitcoin faces more losses as it heads toward a potential fifth consecutive weekly decline, extending its slide from around $87,000 to near $76,500. Uncertainty surrounding the US midterm elections is keeping investors cautious about risk-sensitive assets, including cryptocurrencies. Apple’s warning about rising memory chip costs and pressure on profit margins has added to concerns […]

Bitcoin Sellers Now Realizing $300 Million In Losses Every Day: Data

On-chain data shows Bitcoin investors have only ramped up their loss realization even as the cryptocurrency’s price has found some stability. 90-Day SMA Bitcoin Realized Loss Has Continued To Climb In a new post on X, Glassnode lead research analyst CryptoVizArt has talked about the latest trend in the 90-day simple moving average (SMA) of […]