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Cryptoknowmics 2023-07-01 12:43:33

July’s Big Reason for Bitcoin’s (BTC) Continued Rise, Revealed by Santiment

Santiment, an on-chain data company, stated in a tweet that it is possible that Bitcoin’s price will continue to rise this month, and that other cryptocurrencies may follow suit. The requirement for key crypto holders to continue purchasing the flagship digital currency, Bitcoin, makes this feasible. As the news of the Fidelity-led refiling of the Bitcoin ETF spread, the Santiment team tweeted that cryptocurrency whales and sharks had accumulated a “big chunk” of Bitcoin over the past two weeks. According to Santiment, they have collectively purchased 154,500 BTC in the past seven weeks. Presently, wallets holding somewhere in the range The post July’s Big Reason for Bitcoin’s (BTC) Continued Rise, Revealed by Santiment appeared first on Cryptoknowmics-Crypto News and Media Platform .

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