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Glassnode: Approximately 43% of Bitcoin supply is operating at a loss; the US dollar recorded its biggest weekly gain in a year.

 after Bitcoin surged to $74,000 on Wednesday, it fell about 3.4% to around $68,000 on Saturday, continuing the recent weekend sell-off pattern within a narrow trading range.

Despite the pullback, the main cryptocurrency still rose slightly this week, even though a strong US dollar and market expectations of a delayed Fed rate cut put pressure on risk assets.

According to Glassnode data, about 43% of Bitcoin supply is at a loss, causing selling pressure during the rally; meanwhile, stablecoin inflows have surged, indicating idle funds waiting to enter the market, which may re-enter amid ongoing tensions in the Middle East.

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