Bitcoin’s Wild Ride: Will It Crash Like a Chocolate-Faced Grump? 🐻🍫
Realized losses on Bitcoin (BTC) have soared to heights last seen during the FTX implosion of 2022, according to Glassnode, a blockchain data platform that probably charges by the byte. “The scale and speed of these losses reflect a meaningful washout of marginal demand,” they declared, because nothing says “fun” like turning investors into soggy paper towels. Just minutes later, Bitcoin slumped to $80,500 on Coinbase, a 36% plunge from its all-time high. Someone must’ve told the market it was time to play hide-and-seek with its value.


