Short-term holders drove Bitcoin price decline but market remains profitable

Bitcoin started August on a bearish note, but the downturn appears to have stemmed from spot market activity rather than a wave of forced liquidations in derivatives markets. Over the past 24 hours, the flagship digital asset dropped by more than 3% to under $115,000, resulting in over $200 million in market liquidation. Glassnode data reveals The post Short-term holders drove Bitcoin price decline but market remains profitable appeared first on CryptoSlate.