BitcoinGlassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum...

Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum Markets

-



Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum MarketsPresident Donald Trump’s “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets’ broad-based contraction. Glassnode Report: […]



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Stablecoins Predicted To Hit $2 Trillion By 2028: Russia The Latest Nation Exploring Its Own Stablecoin

Osman Kabaloev, Russia’s deputy head of the Finance Ministry, has reportedly stated that the country should be developing...

Trader Says Altcoin That’s Ripped 222% in a Month Still Has Room To Run, Updates Outlook on SOL-Based Memecoin

A closely followed crypto analyst believes one red-hot meme token operating on Solana (SOL) may continue soaring even...

Ripple News: Company Presses Court to Reopen XRP Private Sale Pathway

While a favorable ruling could expedite the resolution of Ripple’s long-standing legal battle with the SEC, any delays...

Advertisement

3 Reasons a Shiba Inu (SHIB) Rally May Be Closer Than You Think

TL;DR Shiba Inu (SHIB) may be struggling now, but key indicators point to a potential comeback rally ahead. One of...

Thousands of Urine and Tissue Samples Are in Danger of Rotting After Staff Cuts at a CDC Laboratory

Cathy Tinney-Zara, a worker at NIOSH’s Morgantown facility who spoke to WIRED in her capacity as the union...

Must read

You might also likeRELATED
Recommended to you