At 9:40 Moscow time, the first cryptocurrency is trading at $ 57.2 thousand, and its capitalization is $ 1.08 trillion. Over the week, the price of the coin has decreased by more than 12%
The price of bitcoin on the night of November 22 decreased by $ 3 thousand (5%). At 9:40 Moscow time, the first cryptocurrency is trading at $ 57.2 thousand, and its capitalization is $ 1.08 trillion. Over the week, the asset fell by 12.5%. On November 10, Bitcoin set a new all-time high at $ 69,000.Since then, the price of the cryptocurrency has dropped by 17%.
Last week, it became known that long-term Bitcoin holders are not panicking over the decline in the value of the asset. Glassnode analysts estimate that long-term bitcoin investors sold only about 0.7% (100,000 BTC) of their reserves in a month. Analysts have estimated the reserves of large holders at 13.5 million BTC.
Long-term holders account for about 81.7% of the total Bitcoin supply. 18.3% of the total market supply of the first cryptocurrency is held by short-term holders (buying coins for a period not exceeding 155 days). In the range of $ 56-69 thousand, investors acquired 17% of the Bitcoin market supply.