Live updates: More bitcoin is now held at a loss than at a profit
CoinDesk 2026-07-03 07:05:31
Context: The cryptocurrency market is experiencing a significant downturn, with a notable shift in the profitability of Bitcoin holdings. According to recent data, more Bitcoin is now being held at a loss than at a profit. This development has substantial implications for investors and the overall market sentiment.
Key Facts
- As of the time of writing, approximately 51% of Bitcoin is being held at a loss, while around 49% is still profitable, indicating a significant decline in the asset's value.
- The current market trend is characterized by a substantial increase in the number of Bitcoin addresses holding the asset at a loss, with many investors who bought in during the recent price surge now facing significant losses.