Friday April 18, 2025

Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum Markets

Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum Markets

by Jamie Redman April 10, 2025 1 min read

(Originally posted on : Bitcoin News )

President Donald Trump’s “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets’ broad-based contraction. Glassnode Report: […]

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