93% Of All Bitcoin Addresses Are Profitable As Miners Aggressively Accumulate

Quick Summary:

Bitcoin is firm when writing, floating higher and above $60,000.

Even as the uptrend appeared labored and momentum waning, there are signs that all is well, at least from the profitability angle.

IntoTheBlock data showed that 93% of all addresses are in the green at spot rates.

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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets: Hungary

Topics: Bitcoin trading Bitcoin price Bitcoin BTCUSDT Riot Blockchain Bitcoin Miners Btc Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 20:00:10 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 382 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 21736717

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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