Bitcoin prices have remained stable at around $96,000. Bitcoin mining companies have also sold part of their Bitcoin holdings to ensure profitability.
At 11:45 a.m. on the 18th, the price of Bitcoin was down 0.23% from the same time the previous day, hitting $96,100 (approximately 14.58 million yen) according to CoinMarketCap.
QCP Capital, a cryptocurrency trading company based in Singapore, said, "The cryptocurrency market has entered a long period of stagnation," and "macroeconomic factors such as the release of U.S. economic indicators have led to a surge in demand.
"The market is not being affected much by economic factors either," he said. "In the options market, most traders are trying to buy and sell within the box range."
QCP Capital analyzed that "they seem to be waiting for concrete policy changes (from the Trump administration)." Bitcoin holdings by miners have also decreased.
Ali Martinez, a cryptocurrency tycoin investor, said, "Last week, miners' bitcoin holdings dropped by 2,000 BTC." As the price of bitcoin shows no signs of rebounding, the next step to ensure profitability is to
This is interpreted as a sale of holdings.
2025/02/18 12:57 KST
Copyright(C) BlockchainToday wowkorea.jp 118