news

bitcoin

1 X bitcoin bitcoin =

Friday

06 August 2021

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode | Markets and Prices Bitcoin News

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode | Markets and Prices Bitcoin News


smart summary beta

Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode.

The long-term health of the BTC network remains “relatively high,” it said, but declines in the overall network activity, exchange in-flows, and onchain transaction volumes is contributing to the decrease in the price of bitcoin.

Goto Full Article

bitcoin bitcoin price

$40663.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.4)

Article Metadata

author

site

bitcoin.com
Market data feeds provided by cryptocompare.com
bitsmart 2021