Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges

Quick Summary:

Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis.

Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $62.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Bitcoin News Bitcoin Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 14:05:04 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

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

Copyright Owner: © Bitcoin News

News ID: 23738770

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 19 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

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: #62

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