Hashrate, wallet balances and crypto exchange activity all suggest that investors have high expectations for Bitcoin, despite its current price downtrend.
, with the number of wallets holding 0.1 BTC or more having reached 12 million for the first time. This trend has continued despite the current range-bound price action that is dotted with occasional corrections.This demonstrates a degree of trust in the asset class in spite of everything else happening in the market. Adoption is growing even as prices disappoint.
While 0.1 BTC may have once been a trivial amount, today it’s significant, as this represents about $2,500 at current prices. The fiat value can be much higher when priced in other currencies. For 12 million entities to have amassed this much Bitcoin shows how seriously the world has begun to take such an investment.
than ever. Bitcoin miners keep mining, hodlers keep hodling and individuals continue to take custody of their coins. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bitcoin (BTC) Price Analysis for September 10Can price of Bitcoin (BTC) start rising upcoming week?
Lire la suite »
Bitcoin price must take $26K, trader says after ‘textbook short squeeze’Bitcoin bulls look to $26,000 reclaim as BTC price strength recovers from three-month lows.
Lire la suite »
Bitcoin faces 'ton' of resistance after daily BTC price gains pass 5%Bitcoin surprises with a BTC price comeback above $26,000.
Lire la suite »
Bitcoin (BTC) Price Analysis for September 8Will traders see increased volatility of Bitcoin (BTC) soon?
Lire la suite »
Bitcoin: This One Thing Might Push BTC Price Below $25,000Selling might build up, and BTC could target below $25,000 if this scenario plays out
Lire la suite »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC faces downside risk below $24,500Bitcoin (BTC) price has broken below its consolidation phase, bringing Ethereum (ETH) and Ripple (XRP) prices down with it. This extends the overall b
Lire la suite »