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09 July 2020

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


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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.

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Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
published: 1 month ago
Litecoin price is showing signs of an upside correction against the US Dollar, similar to bitcoin. LTC price must clear the $45.00 hurdle to start a sustained upward move in the near term.

sentiment (-0.3) Negative

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