Express

Bitcoin HODLers Are Still Making Money Despite Price Drops To Six-Month Lows

Minh Nguyen

Summary: According to CoinDesk's Bitcoin Price Index, Bitcoin's price fell to $6,968, the lowest level in six months, during European trading hours today. Despite of the steep drop, 15.31 million of Bitcoin addresses can still make profit. Blockchain Intelligence firm IntoTheBlock reports that most of these addresses have either pruchased Bitcoin in the range of $900 ...

According to CoinDesk's Bitcoin Price Index, Bitcoin's price fell to $6,968, the lowest level in six months, during European trading hours today. Despite of the steep drop, 15.31 million of Bitcoin addresses can still make profit. Blockchain Intelligence firm IntoTheBlock reports that most of these addresses have either pruchased Bitcoin in the range of $900 to $4,180 or in the $4,180 - $6,631 range. 

By Minh Nguyen

Last Update:

Tags: ,,,
Link: Bitcoin HODLers Are Still Making Money Despite Price Drops To Six-Month Lows   [Copy]
Next:

Related Articles

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 23 hours ago
  • Is the Crypto Bull Market Over? 2 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 3 days ago
  • The Endgame of Layer 2s, Explained 6 days ago
  • The Bitcoin Halving is Complete! What’s Next? 13 days ago

    • You need to login to comment.