Bitcoin keeps trading within a tight price range between $60K and $70K. This development comes at a time when the market dynamics are presenting lingering fragility. As per the data from Glassnode, although Bitcoin’s spot demand is now absorbing sell-side pressure, the derivatives market is still cautious, and volatility anticipations are cooling. Thus, without the presence of a significant catalyst, the market is unlikely to witness a sustained breakout in the near future. Long-Term Bitcoin Holders Incur $200M Per-Day Loss as Capitulation Grows The market data reveals that Bitcoin’s ($BTC) Total Supply in Loss ... (full story)