Short-term holders hit with losses as Bitcoin fell below $93k

Andjela Radmilac

Bitcoin’s recent correction to $92,000 came after failing to breach the psychological resistance at $100,000, a critical level expected to mark a new chapter in the ongoing bull market. While corrections of up to -30% are frequent during bull runs, the sharp decline below $93,000 caused a segment of short-term holders (STHs) to realize losses. […]

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Short-term holders hit with losses as Bitcoin fell below $93k