Bitcoin Sees A Grim Moment As Addresses In Profit Reach A Two-Year Low

The world’s first cryptocurrency, Bitcoin (CRYPTO: BTC), has not seen such a bad market mood for a long time, according to on-chain data. What Happened: On-chain data shows most Bitcoin addresses are now worth less than when the Bitcoin was transferred to them, indicating with a high degree of certainty that most holders are now losing money on their investment.