key takeaways,
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Bitcoin’s instability has fallen below the major American stock index, even amidst increasing Iran -Israel tension.
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Long -term holders now control a record 14.53 million BTC, reducing the circulating supply.
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Analysts expect the bitcoin grow with some $ 150,000 by the end of 2025.
Bitcoin (BTC) The price has been more stable than several weeks compared to many top American stocks data Bitwaiz shared by Andre Draggits, the leading research in Europe.
Bitcoin shows maturity as a asset class
By June 23, the 60-day volatility of bitcoin was realized, a remedy of how widespread its price is, S&P 500 (~ 30%), Nasdaq 100 (~ 35%), less than 27–28%, and even high-flirting “7” technical stock (~ 40%).
The low instability of bitcoin stands out as it is happening during the Middle East conflict, especially after Iran’s American bombing. BTC price falls by falling 6% Below $ 100,000 In the weekend.
In the previous cycles, such geo -political shocks often cause very large and more chaotic value moves. That is, 60–65% of bitcoin 60-65% realized at the beginning of the Russia-Ukraine war in February 2022, very high. American equities,
But this time, the instability of bitcoin remained relatively low, suggesting that most traders and investors did not react with terror and BTC is maturing as an asset class.
Bitcoin supplies long -term holder on record high
The growth of long -term holders has stabilized large -scale bitcoins in recent weeks, write Glasanode analyst In his recent report.
“The circulating supply of more than 30% bitcoin is now conducted by only 216 centralized institutions – including ETF, exchange, custodian and corporate treasury,” they note that such concentrated ownership is turning bitcoin into “mature property class”.
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The supply of total bitcoins conducted by long-term holders has increased continuously in recent years, which has reached a record high of 14.53 million BTC (30-day) by June 23, about 70%of the maximum of 21 million supplies.
The price of bitcoin has been running more than years as long -term holders Remove supply from circulation While institutional demand increases, a dynamic fuel maintains the price pressure upwards.
Bitmex co-founder Arthur Hayes and OSL Chief Commercial Officer Eugene Chewn anticipate BTC price to rise above the level of $ 100,000 in future due to central bank money printing and strong institutional support.
Some analysts also predict Bitcoin will grow above $ 150,000 By the end of 2025.
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
