Currently, around 99 percent of the supply of $BTC is profitable, indicating robust market momentum. The fact that this statistic remained high at 95% even throughout the July drop indicates that investors maintained their positions in spite of the volatility. The trend suggests confidence among investors and a strong basis for possible upside, reinforcing a robust market structure. Analysts observe that these trends show positive investor confidence because the Bitcoin network is resilient to both short-term price fluctuations and long-term strength.
99% of Bitcoin Supply Now in Profit, Market Shows Resilience
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