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Over $904 Million in Bitcoin Profits Pressures the Market – BTC Bull Token is a Safe Bet
Selling pressure has taken center stage in the Bitcoin market. According to Glassnode, investors who purchased BTC 6-12 months ago have locked in an astonishing $904 million in realized gains on June 16th – the second-highest single-day gain of the year. Meanwhile, Fidelity Digital Assets report highlights a contrasting picture: 566 BTC per day are reaching the 10-year holding mark (known as ancient supply), while only 450 new coins are mined daily.
These crypto analysts reveal that while some investors cash out, others remain dedicated to holding BTC for the long-haul. Despite short-term volatility, the underlying trend favors HODLing.
Instead of spending big bucks to hold the crypto king directly, BTC Bull Token (BTCBULL) lets you earn BTC when it breaks specific price milestones – and for less than a cent.
Source: bitcoinist.com
