The crypto market looks better today with the most important coins trading in the green.
Bitcoin is not an exception and the king coin is priced at $10,340.25 at the moment of writing this article.
There’s been a lot of fear in the crypto space, regarding the falling of BTC’s price below $10k. This is a crucial level and it’s important that the king coin remains above it.
Crypto fans are accumulating Bitcoin
It’s been recently reported that both big and small hodlers are amassing BTC, statistics confirm.
This trend accelerated as the United States is printing more dollars, as Cointelegraph notes.
It’s been revealed that people are buying Bitcoin (BTC) since the 2020 coronavirus crash — and it doesn’t matter how rich they are, data shows, according to the online publication mentioned above.
They also note the fact that statistician Willy Woo showed the growth in both high and low-value wallets.
Glassnode data reveals that whales are growing in terms of how much BTC they are controlling these days. More than that, the number of whales also hit an ATH.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
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