Bitcoin

<p>The bear market of 2022 has been brutal for the entire digital asset  industry, with prices drawing down over 75% from the ATH for both BTC  and ETH. In this piece, we take a big picture view of the big events and  trends from an on-chain data perspective.</p><h2 id="header-0">Bitcoin</h2><p>Bitcoin spot prices fell below the Realized Price (currently ~$20k)  in mid-June, which is often considered the aggregate cost basis of the  market. This indicates that the average BTC investor is underwater on  their holdings, and has been for 143-days so far. Both in scale and  duration, this is now on par with prior bear markets.</p><p></p><p>Read full article on <a href="https://crypto.ro/en/news/on-chain-macro-review-glassnode/" rel="noopener noreferrer nofollow">crypto.ro</a></p>

On-chain macro review – Glassnode

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