Home News The market is absorbing enormous selling pressure with little movement

The market is absorbing enormous selling pressure with little movement

by Raymond Vandervort
The market is absorbing enormous selling pressure with little movement

The market is absorbing enormous selling pressure with little movement

The market is tantalizing gigantic promoting rigidity with dinky slump

The market is tantalizing gigantic promoting rigidity with dinky slump The market is tantalizing gigantic promoting rigidity with dinky slump

The market is tantalizing gigantic promoting rigidity with dinky slump

with insights from Glassnode

On-chain metrics video show that the market managed to absorb extremely excessive promoting rigidity within the face of Bitcoin ETF-triggered volatility.

The market is tantalizing gigantic promoting rigidity with dinky slump

Duvet art/illustration by technique of CryptoSlate. Image involves blended boom material that can also impartial encompass AI-generated boom material.

The volatility caused by the launch of region Bitcoin ETFs within the U.S. has wiped over $115 billion off Bitcoin’s market cap. There used to be a important expand in realized losses within the week following the ETF launch, with non permanent holders bearing the brunt of these losses. Fundamental outflows from Grayscale’s GBTC bear resulted in […]

Source credit : cryptoslate.com

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