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Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss

Decrypt·July 17, 2026·1 min read
Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss

Bitcoin tested $63K as long-term holders continue selling at a loss. About two-thirds of coins moving to exchanges come from these holders taking losses. A macro risk-off sentiment is dragging on Bitcoin's price, indicating bearish pressure from experienced investors capitulating amid broader market weakness.

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