Bitcoin is at a crossroads — with an 'increasingly significant' volume of BTC's supply now in an unrealised loss, Glassnode has warned 😬
for two weeks, but the world's biggest cryptocurrency is yet to slide below. There are fears that a significant dip below this psychologically significant level could spark additional sell-offs.back in November — and CoinMarketCap data shows that current prices are exactlyIt does seem like many investors are adopting a "wait and see" approach right now, and are resisting the urge to sell or spend their coins — hopeful that the current market drama is temporary.as of Jan. 19.
But what's happening in the global economy more widely may mean that history doesn't repeat itself. Runaway inflation has prompted the Federal Reserve to set the stage for interest rate rises — something that could hurt stocks and cryptocurrencies after almost two years of unabated gains.
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