As BTC price retests $21K, the number of lost bitcoin addresses reaches a 1-month high.
In light of the rising dollar, economists have little optimism in a recovery for the more than 17.5 million Bitcoin wallets that are now in the red. Hodlers of Bitcoin (BTC) are feeling the pinch this week as numerous tests of lower levels result in growing losses. More wallets are in the red as of August 23 than at any other point in the previous month, according to data from on-chain analytics company Glassnode.
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