Back To Top

January 9, 2025

U.S. Entities Lead Bitcoin Reserves with 65% Increase, Says CryptoQuant CEO

CryptoQuant CEO Ki Young Ju has reported a significant increase in Bitcoin reserves held by U.S.-based entities. They now possess 65% more Bitcoin than counterparts outside the U.S. This development marks a new all-time high and showcases the United States’ growing dominance in Bitcoin reserves. This trend raises critical questions about the global dynamics of cryptocurrency ownership and investment strategies. As Bitcoin continues to mature as a financial asset, understanding the implications of this shift becomes essential for market participants. Analysts will be watching closely how this concentrated ownership impacts Bitcoin pricing and potential future market movements.

Prev Post

Bitcoin Faces Downward Pressure as Altcoins Experience Significant Sell-off

Next Post

CoinSwitch Launches $70 Million Fund to Support WazirX Users After…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment