No More ‘Bitcoin Tourists’ In Crypto Market, Says On-Chain Analysis Firm

Bitcoin (CRYPTO: BTC) saw one of its worst-performing months on record in June, along with a mass exodus of retail traders. What Happened: In a recent report examining the state of the Bitcoin network, on-chain analytics firm Glassnode noted the  “near-complete expulsion of market tourists” with only long-term holders remaining resilient.