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Glassnode: Weak spot demand for Bitcoin, price slides to $626,000
2026-08-03 21:36:08
According to CoinMeta, as reported by Glassnode, the price of Bitcoin has slipped to $626,000. Due to ongoing weak spot demand, the derivatives market remains defensive. Despite increased on-chain activity, the resilience shown by holders, and the support provided by inflows of ETF funds, market confidence remains low.
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This content is for market information only and does not constitute investment advice.
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