sellside

Bitcoin, the world’s largest cryptocurrency by market cap, lost the $50,000 price level this morning amidst a broader sell-off in both equity and crypto markets. It trades at $48,000 at press time and is down -5% compared to yesterday.But despite the fall, data from on-chain analytics platform Glassnode showed that long-term holders were accumulating instead of selling. Lex … [Read more...] about Bitcoin dips below $50,000 even as a “sell-side crisis” emerges