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Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low

Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low
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Bitcoin on rampage, now worth over N10 million

The world’s most popular crypto, Bitcoin, is having a bullish run not seen in recent times, particularly at the near end of 2020. The most popular cryptocurrency smashed higher than $25,000 yesterday night for the first time, and set a new all-time high of $26,368.16 (N10,283,520) a few hours ago, before pulling back to $26,246.72, up 7.39% on the day. Year-to-date the flagship crypto has gained more than 250%. What this means Institutional investors are perceived to be driving Bitcoin’s bullish record-setting run. Amongst them; Anthony Scaramucci’s SkybridgeCapital ($25 million in December); Mass Mutual ($100 million in December); and Guggenheim (up to 10% of its $5 billion macro funds).

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