Daily Trade News

‘Fear’ returns to Bitcoin, while long-term holders own just 3% of BTC



© Reuters.

(BTC) diving nearly 20% from all-time highs has finally taken its toll on market sentiment — investors are now “afraid.”

According to the , overnight losses on Nov. 19 removed the last traces of “greed” away from traders’ minds.

Crypto Fear & Greed Index. Source: Alternative.me
Bitcoin long- and short-term holder supply in profit/loss annotated chart. Source: Glassnode