Bitcoin Losses Now Equal 19% Of Market Cap, Echoing May 2022

Analytics firm Glassnode has highlighted how the current Bitcoin market pain echoes May 2022 based on the trend in the Relative Unrealized Loss. Bitcoin Relative Unrealized Loss Has Shot Up Recently As explained by Glassnode in a new post on X, the current structure of the Bitcoin Relative Unrealized Loss could mirror May 2022. The […]

Bitcoin Pain Still Far From Bear Market Levels, Says Glassnode Researcher

Glassnode’s senior researcher has revealed how Unrealized Loss on the Bitcoin network is still smaller than even mild bear markets in the past. Bitcoin Relative Unrealized Loss Hit Just 1.3% Recently In a new post on X, senior researcher at on-chain analytics firm Glassnode, CryptoVizArt, has talked about how Bitcoin currently compares to past bearish […]