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Here’s what was behind Bitcoin’s sharp market health decline seen this week Here’s what was behind Bitcoin’s sharp market health decline seen this week

Here’s what was behind Bitcoin’s sharp market health decline seen this week

Together with insights from Glassnode

Bitcoinโ€™s recent price action has largely favored sellers, as the benchmark cryptocurrency is currently trading down roughly $1,000 from its weekly highs of just over $9,800.

Here’s what was behind Bitcoin’s sharp market health decline seen this week

Photo by Jason Leung on Unsplash

Bitcoinโ€™s recent price action has largely favored sellers, as the benchmark cryptocurrency is currently trading down roughly $1,000 from its weekly highs of just over $9,800.

The decline from these highs came about after multiple failed attempts to break above $10,000, pointing to some underlying weakness amongst BTC buyers.

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