---
title: "Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode"
url: https://diffcoin.com/bitcoin-short-term-holders-over-reaction-a-factor-in-btcs-drop-below-50k-glassnode/
description: "Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000. Source link"
published: 2024-08-20
updated: 2024-08-20
author: "Mila"
site: "Diffcoin"
---

# Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode

Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.

[Source link](https://cointelegraph.com/news/bitcoin-short-term-holders-over-reaction-a-factor-in-btc-s-drop-below-50-k-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)