97% of Bitcoin Addresses Now in Profit Due to Price Rally
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97% of Bitcoin Addresses Now in Profit Due to Price Rally Buybitcoins.site

97% of Bitcoin Addresses Now in Profit Due to Price Rally

 

Bitcoin is currently outperforming other assets and the continuing price increase is good news for most addresses.
97% of all Bitcoin addresses are currently in profit. This follows a steady rise in Bitcoin's price in recent months.
If Bitcoin's price continues to rise, even more addresses could be in profit in the future.

A total of 97% of all Bitcoin addresses are in profit as Bitcoin’s value continues to rise, according to data published
by Glassnode. This means that the majority of Bitcoin was bought at a lower value than it currently is worth.

Bitcoin is currently on an unprecedented run, with today marking the 100th day where the opening and closing price of
Bitcoin has been above $10,000. Its current price of approximately $14,900 represents a value not seen since January
2018. And for most Bitcoin owners, they’re in the money.

A total of 97% of all Bitcoin addresses are in profit as Bitcoin’s value continues to rise, according to data published
by Glassnode. This means that the majority of Bitcoin was bought at a lower value than it currently is worth. Bitcoin is
currently on an unprecedented run, with today marking the 100th day where the opening and closing price of Bitcoin has
been above $10,000. Its current price of approximately $14,900 represents a value not seen since January 2018. And for
most Bitcoin owners, they’re in the money.