Crypto Market Slides as Bitcoin and Altcoins Lose Ground.

TL;DR Summary
Bitcoin prices have fallen as short-term holders in losing positions send coins to exchanges, while long-term holders appear to have strong conviction. The sentiment of investors with shorter and longer-term horizons has diverged, with short-term holders driving the overall market narrative. Meanwhile, whales are removing coins from exchanges, suggesting bullishness. The recent combination of factors has increased uncertainty in markets, with investors more concerned about banking and other macroeconomic uncertainties than encouraging inflation and employment data.
- Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position CoinDesk
- Bitcoin's Price Loses Ground Despite CPI Inflation Data Bump Barron's
- BTC, ETH, DOGE Tumble Despite Benign CPI Report Benzinga
- Why Ethereum, Dogecoin, and Shiba Inu Are Falling This Week The Motley Fool
- BTC Drops Closer to 100DMA; Crypto Miners Join the Slide TipRanks
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
89%
697 → 76 words
Want the full story? Read the original article
Read on CoinDesk