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Bloomberg: Bitcoin. Falls Below 200-Week Moving Average; Over Half of Circulating Shares in the Red
SvmuuReport: Bitcoin has recently experienced a significant pullback, with its current price around $61,000, a 50% decline from its all-time high, and has also broken below the 200-week moving average. Currently, over 50% of its circulating supply is in a loss position, marking the first time this has occurred since the end of 2022. Data shows that just one month ago, the proportion of circulating coins in loss was around 30%, but this figure has now risen rapidly, indicating that a large number of holders are now facing paper losses. (Bloomberg)
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