1. Analyst: Bitcoin's dominance is expected to "ultimately reach" 60% in September or at the latest in December. 2. Data: 75% of Bitcoin is held by

JIN10
2024.08.19 02:45
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This news mentions that Bitcoin analysts predict that its market dominance will reach 60% in September or at the latest by December. In addition, data shows that 75% of Bitcoin has not been transferred within 6 months. The overall economic environment and geopolitical risks are influencing a cautious attitude towards cryptocurrency investments. In August, Bitcoin mining profits hit a historic low, but analysts predict a potential breakthrough in the future. Prominent investors believe that presidential candidates will all formulate crypto policies. Meanwhile, a report from Australia shows significant losses due to crypto scams last year. Overall analysis indicates that Bitcoin trading activities are becoming more speculative