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 Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 1 day ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.