Odaily星球日报讯 OKX 行情数据显示，BTC 跌破 59000 USDT，现报 58961 USDT，24H 涨幅收窄至 0.9%。

BTC跌破59000 USDT

Odaily Odaily reported that OKX market data showed that BTC fell below 59,000 USDT and is now trading at 58,961 USDT, with the 24-hour increase narrowed to 0.9%.

BTC fell below 59000 USDT.

Odaily reported that Bitfinex's analysis report pointed out that Bitcoin experienced the largest pullback of this cycle before the recovery. Last week, Bitcoin saw a strong rebound, which allowed BTC to regain the critical $60,000 level. Previously in August, BTC experienced a significant sell-off, with the price dropping 33.32% from the cycle high and historical high of $73,666. This was the largest decline of this cycle. On-chain indicators also highlighted the intensity of the sell-off. The short-term holder realized price (STH cost basis) reflects the average purchase price of recent buyers, which is currently $64,860.

Bitfinex: Bitcoin experienced the largest correction of the current cycle before the recovery.

Source: Blockworks
Original title: Bitcoin is still tracking ahead of the 2021 bull market — but only just
Author: David Canellis
Translation: BitpushNews Scott Liu
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