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Crypto currencies: bitcoin kept afloat

12/07/2022
Categories: Economy/Forex

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Shrimp join whales in banishing bitcoin's dreary winter. Investors holding less than 1 bitcoin, added 60,460 bitcoins per month to their balance. Those who own more than 1,000 bitcoins, were adding 140,000 coins per month.

Posting the most aggressive pace in history and the highest rate since January 2021, respectively, shrimp and whale would be on a roll to challenge Bitcoin. The latter has hovered between $19,000 and $21,000 over the past four weeks, less than a third of its peak of $69,000 in 2021. However, a survey conducted by eToro found that 16% of investors worldwide increased their exposure in June.

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