Decline in Bitcoin (BTC) Wallets Reflects Market Fear, But There’s A Catch

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Crypto Blog

Bitcoin and the rest of the crypto market have recovered, wiping out most of the losses incurred during the recent correction.

While this might concern novice traders, the blockchain intelligence platform said that, historically, such declines have coincided with moments of FUD in the market. During these periods, small BTC wallets capitulate while larger addresses accumulate more. Taking into account these past occurrences, during similar drops in active wallets, Bitcoin has demonstrated significant price surges.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines