20 hours ago

Bitcoin Price Rally Intact? Long-Term Holder Data Suggests So

Gold Bitcoin coin falling past a cracked $63,000 support barrier.

The post Bitcoin Price Rally Intact? Long-Term Holder Data Suggests So appeared first on Coinpedia Fintech News

Bitcoin price consolidation is doing little to shake long-term investor confidence. While the world’s largest cryptocurrency has slowed after its recent surge, fresh on-chain data shows that long-term holders (LTHs) continue accumulating Bitcoin rather than distributing it into market strength. Although the pace of accumulation has moderated compared to previous weeks, supply is still steadily …

Source: Coinpedia →