Bitcoin Drops Below $63K as Short-Term Holders Capitulate

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BTC/USD hourly chart. Source: Cointelegraph/TradingView

Bitcoin fell 4% in 24 hours on Tuesday, sliding to an intraday low near $62,700 as selling pressure intensified among short-term holders.

On-chain data shows the Short-Term Holder SOPR (STH-SOPR) dropped to 0.95 — below the neutral level of 1 — indicating that recent buyers are selling at a loss. According to analysts at CryptoQuant, this reflects renewed short-term loss realization driven by uncertainty rather than structural distribution from long-term holders.

The latest wave of selling followed renewed macro concerns, including US President Donald Trump announcing a new 15% global tariff policy over the weekend.

While short-term pain continues, long-term investors appear to be holding steady, suggesting the pressure is largely concentrated among more reactive market participants.

[johnblockbuster]

sth sopr below 1 aka welcome to character development