Bitcoin Accounts Dormant for 5+ Yrs have "Barely Transacted" Compared to other Bull Cycles, even as BTC Doubled Previous All-Time Highs: Report
The team at Interdax, a digital assets derivatives trading platform, notes that after quite an eventful year, Bitcoin’s (BTC) price closed considerably higher than the all-time high the digital asset had set in December 2017. The new year 2021 was also kicked off with a “swift advance” to $42,000 by January 8, before BTC-USD “reversed sharply and found support near $30,000,” the Interdax team confirmed. As mentioned in a report released on January 20, 2020, by Interdax: “With Bitcoin now trading around $35,000-$36,000, we … [can confirm] … the rapid ascension of the price of ...