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Bitcoin Market in a 'Confidence-Lacking Stagnation' According to Glassnode Analysis

2026/05/28 11:03 (Updated 2026/05/28 18:01)
CoinPost
Written by A.Yamada
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Bitcoin Market in a 'Confidence-Lacking Stagnation' According to Glassnode Analysis

Declining Trend in Spot and ETF Demand

Declining Trend in Spot and ETF Demand

On-chain analytics firm Glassnode released its weekly report on the cryptocurrency market on the 27th. While Bitcoin (BTC) positions have been reset, investor confidence remains limited, the firm noted.

Glassnode pointed out that Bitcoin has fallen from the early $80,000s and is now stagnating in the $75,000 to $78,000 range. (Note that at the time of writing, it has declined further, ...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.