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Bitcoin price trading sideways as the number of whales increases

By: Invezz
bitcoin remittances

Bitcoin price is trading sideways in a tight range below the $9,500 mark. According to the latest analysis, the number of whales has increased by 2% in the last month. Fundamental analysis: Number of whales hits a new high Bitcoin lost its momentum since it went through the halving process in May, however, investors are still optimistic about the cryptocurrency’s long-term outlook.  To learn more about Bitcoin mining, click here.  Bitcoin underwent halving on May 11, when the mining reward per block got reduced from 12.5 BTC to 6.25. Many investors expected a sharp price increase in BTC after the

The post Bitcoin price trading sideways as the number of whales increases appeared first on Invezz.

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