Most short-term bitcoin holders are at a loss, having a cost basis of around $46,400, according to data compiled by Glassnode. Long-term holders, however, have an estimated break-even point of about $39,200, which, if broken, could yield further downside toward $24,000.

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Cryptocurrencies: 15,149
Markets: 1,146
Marketcap: $ 2.64 T(1.07%)
24h Vol: $ 246.64 B
BTC Dominance: 56.04%