- More and more users are buying Bitcoin (BTC) this crypto winter.
- Over 10.34 million Bitcoin (BTC) addresses show at least 0.01 BTC in holding.
- During this time, El Salvador just bought 80 more Bitcoin (BTC).
This crypto winter may have pushed many investors into the FUD zone, but has also opened opportunities for many. According to Bitcoin Magazine, it seems that the number of addresses holding at least 0.01 BTC have set a new ATH of over 10.34 million.
Indeed, many are seeing that Bitcoin is a great source for investing. Back when the price of Bitcoin (BTC) was high last year, many found themselves wanting to invest in the promising digital asset. However, most found it challenging to buy Bitcoin then as it was at its highest value so far.
Presently, the price of Bitcoin (BTC) is $19,434, according to CoinGecko. The crypto’s price at the moment is down by 3.1% in the last 24 hours. It is also sporting a total market cap of $370,865,647,298 with a 24-hours trading volume of $28,415,149,090.
Clearly, many are taking this golden opportunity to stock up on Bitcoin (BTC) to secure their future prospects. After all, many analysts and crypto investors are expecting a massive bull run for Bitcoin some time next year.
In fact, another analyst recently predicted BTC to bottom soon at $17,500. Thus, now is a great opportunity to stock up on BTC in the eyes of many. Over the past week, the price of Bitcoin (BTC) was staggering at around $20,000 and the current price dip below it has presented more opportunity for the masses.
More so, it is not only individuals who are embracing this opportunity. El Salvador, the country that made Bitcoin a legal tender last year, goe on to increase its crypto holdings. According to the charts, Bitcoin is currently down by 70% from its greatest ATH.
During this time, El Salvador continued to show its faith in the revolutionary crypto asset. To highlight, the nation just bought 80 more Bitcoin (BTC). Suffice to say, the support for Bitcoin is still growing strong despite the raging bear market.
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