Trezor Experiences Record Demand as Bitcoin Nears $100K
Trezor, a leading hardware wallet provider, reported peak demand as Bitcoin prices approached the coveted $100,000 mark. According to Trezor’s Chief Commercial Officer, Danny Sanders, there has been a noticeable drop in Bitcoin reserves across exchanges. This trend signifies a shift towards self-custody, as more investors prioritize securing their digital assets. The growing demand for hardware wallets reflects a broader shift in the market as investors seek to protect their wealth amidst market volatility. Self-custody strategies are becoming increasingly popular as trust in exchanges fluctuates.