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Bitcoin’s market cap has entered a new stress level as the unrealized losses have reached 19% of the total market cap at a price of around $68,000. According to the data provided by Glassnode, the current drawdown pattern is similar to that of May 2022. On the other hand, market analysts on social media platforms …

Strategy Chairman Michael Saylor has maintained a bullish stance around Bitcoin despite the premier crypto asset losing over $1 trillion in market value. Bitcoin (BTC) has borne the largest losses within the crypto market in terms of declining valuation, being the largest asset by market cap.Visit Website