Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K

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© Reuters People Holding Bitcoin for the Last 5 Years Are Now in 34% Loss

  • According to Santiment, five-year BTC investors are now at a loss.
  • The global crypto market cap lost nearly $22 billion in the last 24 hours.
  • BNB and are the worst-performing coins in the last seven days.

The bears have won most of this year’s crypto market as the most popular crypto, (BTC), struggles to cross the $20k price point. According to the market intelligence platform, Santiment, five-year BTC investors are now at a loss.

Santiment shared a chart with the crypto community proclaiming that people who have been holding Bitcoin for the last five years are now underwater, with a 34% loss on average. The analytic firm added that BTC return first went 0% on June 9 this year.

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Image and article originally from www.investing.com. Read the original article here.