Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours

Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours


 

Bitcoin has seen an incredible 24 hours after the price of the digital asset added more than $1,500. This jump in price has come with a number of positive implications, including the profitability for investors who are holding the cryptocurrency. Where less than half of all investors had been in profit when BTC had declined below $19,000, the recent recovery has pushed the percentage upwards once more.

50% Are In Profit

According to data from IntoTheBlock, half of all bitcoin investors are currently recording profit at current prices. The 7.7% jump in the digital asset’s price over the last day had seen to it that more investors saw gains on their coins once more.

Presently, the percentage of investors who are in the money

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend