Ongoing Crypto Market Downturn Forces 2,710,000 Bitcoin (BTC) Into Loss Territory: Glassnode

Blockchain analytics firm Glassnode says that the latest market downturn plunged millions of Bitcoin (BTC) underwater. Glassnode says that Bitcoin’s drop from the recent top of $30,900 in mid-April sunk an additional 2.71 million Bitcoin into loss territory, about 14% of the total BTC circulating supply.