Tectono Business Review: CRYPTO MARKET INTELLIGENCE PLATFORM PREDICTS BITCOIN’S RISE IN JULY

Sunday 2 July 2023

CRYPTO MARKET INTELLIGENCE PLATFORM PREDICTS BITCOIN’S RISE IN JULY

As tweeted recently by Santiment, a market intelligence platform with on-chain and social metrics for cryptocurrencies, Bitcoin will likely rise in value this July and altcoins may follow it up.

This anticipated jump in price is precipitated by the fact that key stakeholders have continued to get hold of more bitcoins in gargantuan magnitude.

“#Bitcoin's whale & shark addresses have continued to accumulate, with a big chunk of $BTC buying coming in the past 2 weeks as news of #ETF launches came out. As long as key stakeholders continue buying, further #crypto rises can be justified in July,” Santiment tweeted

Contemporarily, wallets holding between 10 and 10,000 BTC hold 13 million Bitcoins, which represents 67% of the supply in circulation.

There are only 21 million BTC that can be extracted and more than 19 million have already been mined by now.

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Sunday 2 July 2023

CRYPTO MARKET INTELLIGENCE PLATFORM PREDICTS BITCOIN’S RISE IN JULY

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