• Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase. • What to know: Bitcoin has plunged to $64,700 in early trading in the new week, down 5% over the past 24 hours. • Losses realized by recent bitcoin buyers have eased from roughly $1.24 billion to $480 million per day, signaling that panic selling is cooling but that a bottom-building phase may still be underway. • Exchange data shows large holders now dominate selling, altcoin deposits and volatility are rising, and stablecoin inflows have shrunk, all pointing to weaker buying power as bitcoin tests support around $65,000. • BitcoinBTC$64,671.10is down sharply as trading in the new week begins, down 5% over the past 24 hours to $64,700. • stock index futures are down as well, led by the Nasdaq 100’s 0.9% decline.
Article Summaries:
- Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase. What to know: - Bitcoin has plunged to $64,700 in early trading in the new week, down 5% over the past 24 hours. - Losses realized by recent bitcoin buyers have eased from roughly $1.24 billion to $480 million per day, signaling that panic selling is cooling but that a bottom-building phase may still be underw
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