83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60K

Quick Summary:

According to data, a total of 83% of all Bitcoin holders are still seeing profit despite the BTC price drop below $60K, as it currently sits below $59,000.  Over the weekend, the Bitcoin price dropped below $60,000 amid rapid selling by major holders such as the German and US governments.

According to data from the on-chain tracker IntoTheBlock, there are around 53.57 million Bitcoin holders worldwide.

Over the weekend, the Bitcoin price dropped below $60,000 amid rapid selling by major holders such as the German and US governments.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Latest News $60k 83% Profit Below Drop Bitcoin Holders

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 08:42:07 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21572649

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #121

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