Crypto
More than half of bitcoin in circulation held at a loss; K33 calls it a historical bottom signal
More than half of bitcoin in circulation is now being held at a loss, an analysis said, suggesting the cycle’s bottom may be near. Digital asset broker K33 said the metric has often been used as a late-stage bear-market signal, with bottoms typically forming within weeks, though 2014 was an exception. K33 also warned this cycle could differ due to major sellers such as spot bitcoin ETF holders, as fund flows remain mixed.
