Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
With me:
Bitcoin’s volatility has fallen under the main US storage indices, even in the middle of the escalation of Iran and Israel.
Long -term holders now control a record 14.53 million BTC, which reduces the circulation offer.
Analysts expect bitcoins to continue to rise, some of which have been $ 150,000 by the end of 2025.
Bitcoin’s (BTC) The price was more stable than many of the best US stocks according to several weeks, according to data Shared André Dragosch, Head of Research in Bitwise Europe.
As of June 23, 60-day bitcoins realized volatility, the degree of how wild the price swings dropped to approximately 27-28%, less than 500 S&P (~ 30%), NASDAQ 100 (~ 35%) and even highly flying “spectacular 7” technological supplies (~ 40%).
Bitcoin’s low volatility stands out because this is happening during the escalating conflict in the Middle East, especially after the US bombing in Iran. The price of BTC responded by dropping by 6% to less than $ 100,000 over the weekend.
In previous cycles, these geopolitical shocks often caused much larger and more chaotic prices. Namely 60-65% of Bitcoins realized volatility at the beginning of the Russian-Ukrainian War in February 2022, much higher than US stock.
This time, however, the volatility of the bitcoins remained relatively low, suggesting that most traders and investors did not respond with panic and that BTC ripens as an asset class.
Growth of long -term holders has a large extent stabilized bitcoin in recent weeks, write Glassnode analysts in their recent report.
“More than 30% of the circulating Bitcoin offers now hold only 216 centralized entities – including ETF, stock exchanges, managers and business treasures,” they note, adding that such concentrated ownership changes bitcoins into “maturation class”.
Related: Geopolitical tension Fuel with a shift of the central bank towards gold, crypto – Blackrock Exec
The total offer of Bitcoins held by long -term holders has been constantly increasing AK 23 June has reached a record maximum of 14.53 million BTC (30 -day average), which is almost 70% of a maximum of 21 million supplies.
The price of bitcoins has been a trend over the years as long -term holders Remove the inlet from circulation While the institutional demand increases, dynamic fuel took ascending price pressure.
Co -founder Bitmex Arthur Hayes and the Main Sales Director Eugene Cheung anticipate The BTC price will continue to grow above $ 100,000 in the future due to the printing of money in the central bank and the strong institutional support.
Some analysts even predict Bitcoin rises above $ 150,000 By the end of 2025.
This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.