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CATEGORY: coin days destroyed


Jun 14, 2023 01:10

Hodlers keep accumulating Bitcoin in wake of US regulation onslaught

Amidst market uncertainty and regulatory crackdowns, Bitcoin's long-term holders have been unfazed, steadily accumulating the digital asset. As a key market sentiment indicator, these investors showcase resilience in the face of chaos. But what happens when we dive into the data, uncovering a dramatic accumulation spike in early May and its correlation with the Coin Days Destroyed 90 metric? Unravel the enigmatic relationship between these metrics and the unwavering faith in Bitcoin's future held by long-term investors...

The post Hodlers keep accumulating Bitcoin in wake of US regulation onslaught appeared first on CryptoSlate.

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