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2022 bear market has been the worst on record — Glassnode

06/27/2022

Less than a minute

2022.06.27 16:01

2022 bear market has been the worst on record — Glassnode

Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at a loss, according to Glassnode.

Blockchain analysis firm Glassnode’s Saturday report titled “A Bear of Historic Proportions” outlines how Bitcoin’s current dip below the 200-day moving average (MA), negative deviation from realized price and net realized losses have conspired to make 2022 the worst in Bitcoin’s history:

06/27/2022

Less than a minute

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