Financial News

Bitcoin price tests support as the number of crypto assets on Japanese exchanges surges

By: Invezz

Bitcoin (BTC) price is struggling to stay above $9,000 as the sellers seem to be in control. Separately, Japanese investors have increased their holdings of Bitcoin, Ether and other cryptocurrencies during the coronavirus lockdown. Fundamental analysis: Japanese investors looking to sell? According to the latest report published by the Japan Virtual and Crypto Assets Exchange Association (JVCEA), the domestic investors increased their holdings of crypto assets in March.  Accordingly, 169,376 BTC was held on Japan-based exchanges 11% higher than the previous month. Holdings of XRP also surged 6.4% to 3.2 billion, while Ether holdings increased over 5.7% to 1.14 million

The post Bitcoin price tests support as the number of crypto assets on Japanese exchanges surges appeared first on Invezz.

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