Bloomberg: Bitcoin falls below 200 week moving average and exceeds 0.5 circulating supply loss

According to Bloomberg analysis, Bitcoin fell below its 200 week moving average at around $61000, a drop of about 0.5 from its historical high. The circulating supply exceeding 0.5 is in a loss making state, marking the first time since the end of 2022. A month ago, only about 0.3% of circulating Bitcoin was in a state below holding costs, but now this proportion has risen to over 0.5.