Most Bitcoin Addresses Now in Loss for First Time Since March 2020

CoinDesk published this video item, entitled “Most Bitcoin Addresses Now in Loss for First Time Since March 2020” – below is their description.

Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.

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About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

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