Bitcoin Breaks Records with New ATH of $104,000; Investors Hold Steady
Bitcoin has achieved a new all-time high (ATH) exceeding $104,000 in recent trading sessions, marking a significant milestone in the cryptocurrency market. Despite this impressive surge, on-chain data indicates that investors remain reluctant to sell their holdings. Bitcoin Exchange Netflow has notably remained negative amid this rally, illustrating that many investors prefer to hold rather than liquidate their assets. Analysts highlighted this trend, suggesting a deep-rooted confidence among holders, which could shape the future dynamics of Bitcoin trading and price stability. The ongoing positive sentiment around Bitcoin underscores its position in the digital asset space.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]