Bitcoin Faces Deepest Correction Since Late 2022: Glassnode Report Analysis

On-chain analysis platform Glassnode released a significant report concerning the cryptocurrency market. The mid-July report highlighted Bitcoin’s deep correction, the most substantial since late 2022, noting its trading below the 200-day moving average. This situation has led to losses for many short-term investors, underscoring some key market dynamics. This comprehensive analysis dives into Bitcoin’s market

Source: CoinOtag