‘Intense Capitulation’ Hits Crypto as 8M BTC, Bulk of ETH Supply Sit at Loss – Decrypt
In brief Bitcoin, Ethereum, and XRP investors have suffered heavy losses as the crypto market tumbles, with over 8 million BTC underwater. During these capitulation phases, “future winners separate themselves from the field,” Decrypt was told. Sentiment remains bearish with Myriad users giving Bitcoin’s $55,000 retest a 75% chance. The crypto market’s 2026 drawdown, driven...
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