The number of addresses holding $1 million worth of BTC or more has taken a beating as the crypto winter rages on.
Draper reasons that when women begin to adopt Bitcoin, that’s when the price will make this moonshot movement. He says he expects it by mid-2023:
“My assumption is that since women control 80% of retail spending, and only 1 in 7 bitcoin wallets are currently held by women that the dam is about to break.” In the meanwhile, the on-chain data reveal a drastically different Bitcoin ecosystem than the one flush with capital and volume during the bubble that ended in 2021.It was a different picture in May 2021 when crypto summer was still raging. At that time, the total market capitalization of Bitcoin was $1 trillion.that the number of Bitcoin addresses with $1,000,000 or more USD worth of Bitcoin held had crossed the 100,000 threshold.Today it’s a different story.
That doesn’t necessarily mean there are that many fewer millionaires. It is possible that they have spread their holdings out over more addresses.again, with renewed interest from retail and professional investors, especially at big institutional funds, those numbers will go right back up again.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Letter: Today's inflation beyond the scope of Bank of Canada governorA reader believes intervention by the Bank of Canada through interest rates hikes has little effect on inflation since it\u0027s a global trend.
Baca lebih lajut »
BTC price forms new support at $16.8K as Bitcoin lures 'mega whales'A new 'point of control' under $17,000 could prevent Bitcoin price from seeing new lows.
Baca lebih lajut »
BTC, ETH and XRP Price Analysis for January 6Can ETH rise agaisnt the fall of BTC and XRP? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp
Baca lebih lajut »
Bitcoin yo-yos on US macro data amid call for BTC price to retest $17KBTC price may hit $17,000 on the back of U.S. macroeconomic data, says Bitcoin analysis.
Baca lebih lajut »
Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNIBitcoin and select altcoins are witnessing accumulation at lower levels, indicating a shift in sentiment from selling on rallies to buying on dips.
Baca lebih lajut »
Weekend Watch: Lido DAO Soars to 2-Month High, BTC Touched $17KLDO is up by double digits weekly, even though MakerDAO took back its DeFi throne.
Baca lebih lajut »