5 August 2026

Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode

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Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode

Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.

Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode

Bitcoin (BTC) is seeing its longest capitulation since the end of the 2022 bear market, onchain analytics platform Glassnode reported on Monday.

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