CryptoQuant notes a significant uptick in Bitcoin purchases, highlighting a rise in long-term investments in the cryptocurrency.
Just ahead of a significant Federal Reserve policy decision, long-term Bitcoin holders have added an immense 29,685 BTC to their portfolios, signaling a strong belief in the cryptocurrency's enduring value amidst economic uncertainty. This strategic infusion, valued at approximately $3.4 billion, reflects a broader trend of integrating digital assets into conventional investment portfolios, highlighting Bitcoin's evolving role from a speculative asset to a stable investment choice.
Chris Wilson