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Bitcoin (BTC) Demand Surges in Bullish Catalyst That May Drive Price to $70K

Other large investors also continue to accumulate bitcoin. The total balance of bitcoin whales – or influential large holders – excluding exchanges and mining pools, has continued to expand yearly, growing to 670,000 BTC. Moreover, the growth of holdings stands above its 365-day moving average, a positive sign for prices.

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Shaurya Malwa, Sam Reynolds

https://www.coindesk.com/markets/2024/10/17/bitcoin-demand-surges-in-bullish-catalyst-that-may-drive-btc-price-to-70k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-10-17 06:09:22

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