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DeFiSource: Crypto Economy ·

Glassnode: Bitcoin Faces Capital Outflows as Market Momentum Weakens

In its latest report, Glassnode warned that Bitcoin is experiencing a sustained loss of momentum. The pioneer cryptocurrency’s price fell below the short-term holder cost basis of $75,600, while the stablecoin supply recorded its sharpest 30-day contraction since June 2022, and US spot ETFs accumulated…

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