'Significant' Volume of BTC Supply Now Underwater | CoinMarketCap

'Further weakness may motivate these underwater sellers to finally capitulate,' Glassnode warns in its weekly report.

1/19/2022 7:01:00 PM

Bitcoin is at a crossroads — with an 'increasingly significant' volume of BTC's supply now in an unrealised loss, Glassnode has warned 😬

'Further weakness may motivate these underwater sellers to finally capitulate,' Glassnode warns in its weekly report.

$45,000for two weeks, but the world's biggest cryptocurrency is yet to slide below$40,000. There are fears that a significant dip below this psychologically significant level could spark additional sell-offs.BTC last hit all-time highs of$68,789back in November — and CoinMarketCap data shows that current prices are exactly

40%below these record levels.It does seem like many investors are adopting a "wait and see" approach right now, and are resisting the urge to sell or spend their coins — hopeful that the current market drama is temporary.The Crypto Fear and Greed Index remains paralyzed with Extreme Fear — flashing a reading of

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BTC/USD Forex Signal: Bitcoin Very Bearish Below $39,800The BTC/USD remained under pressure as a decline in key global assets continued.

Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?According to reports from local media, Strike’s app in Argentina is based on USDT and only allows users to trade BTC via Bittrex, or send directly via tipping services on Twitter. Full thanks to Tradecrypto11 as they have analysed this Crypto crash so my funds doesn't affected and I have not faced any type of losses They are absolutely amazing in tips,advices and everything.BTC NFT web3

BTC, XRP, and BNB Price Analysis for January 18Which coin could grow during the ongoing market correction? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX ANT159694954 nuonrg WillyWonkaXRP RippleXrpie Dave_Jonez_02 Pain_Alive_BNB BabyDoge ANT159694954 nuonrg WillyWonkaXRP RippleXrpie Dave_Jonez_02 Pain_Alive_BNB BabyDogeCoin

Bitcoin hodlers 'under siege' at $42K as 30% of BTC supply flips from profit to lossBitcoin hodlers are looking after 30% of the BTC supply at a loss — a historically significant phenomenon.

El Salvador: 70.2% Have Little to No Confidence in BTC | CoinMarketCap70.2% of Salvadoran consumers have 'little to no confidence' in Bitcoin 😬 And just 9% say their economic situation has improved since BTC became legal tender 👇 BabyDogeCoin ❤️❤️🔥🔥🔥 from the article: A total of 1,298 Salvadorans were polled for the research between Dec. 7 and 17 — before the substantial falls seen in Bitcoin's price over the past few weeks..... :P total pop of Salvador is 6.5M so that 1.3k people study means nothing not even 1% of total pop

over the past seven days. Prices have remained pinned below $45,000 for two weeks, but the world's biggest cryptocurrency is yet to slide below $40,000 . There are fears that a significant dip below this psychologically significant level could spark additional sell-offs. BTC last hit all-time highs of $68,789 back in November — and CoinMarketCap data shows that current prices are exactly 40% below these record levels. It does seem like many investors are adopting a "wait and see" approach right now, and are resisting the urge to sell or spend their coins — hopeful that the current market drama is temporary. The Crypto Fear and Greed Index remains paralyzed with Extreme Fear — flashing a reading of 24 as of Jan. 19. Those who trust this model argue that low scores represent a buying opportunity, not least because they have coincided with market bottoms in the past. But what's happening in the global economy more widely may mean that history doesn't repeat itself. Runaway inflation has prompted the Federal Reserve to set the stage for interest rate rises — something that could hurt stocks and cryptocurrencies after almost two years of unabated gains. I cover the crazy world of crypto. Related Articles