Axim247

CryptoMarkets

Chance of new Bitcoin lows ‘extremely slim’ as long-term holders’ supply tops 15M BTC

admin
Chance of new Bitcoin lows ‘extremely slim’ as long-term holders’ supply tops 15M BTC

Data suggest Bitcoin’s chance of dropping below $60,000 again is slim to none, thanks to longer-term investors holding more than 71% of the asset’s total supply.

Related posts:

Default ThumbnailBitcoin falls as traders cut risk ahead of FOMC: Will TradFi, spot ETF volumes bolster $70K support? Default ThumbnailBitcoin market dominance moves above 61%: Will altcoins follow? Default ThumbnailBitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling Bitcoin analysis seesBitcoin analysis sees ‘bear trap’ as BTC price passes two-week lows under $78K

Related Posts

Bitcoin Treasury Company Metaplanet Reports Strongest Quarter Ever
Bitcoin treasury firm Metaplanet has just delivered its strongest quarter ever, with revenue rising by 41% compared to the previous quarter. Metaplanet Has Seen A Sharp Flip In Net Income In a new post on X, Metaplanet has shared the numbers related to its Q2 2024 performance, revealing significant quarter-over-quarter growth in several key metrics. […]