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- The recent instance of the flagship crypto hitting the $20,000 mark attracted mixed reactions from the BTC investors.
- Data highlights that the number of Bitcoin (BTC) wallet addresses holding over 1 BTC also surged.
- Bitcoin (BTC) is currently trading at $21,186 and is down by around 0.87% in the last twenty-four hours.
Bitcoin, the crowned crypto asset, gave a chance to many to evolve as millionaires. But this wasn’t the case for every BTC investor; this privilege was for the early investors when Bitcoin gained frenzy along with internet mainstreaming.
This prompted a lot of crypto enthusiasts to accumulate a maximum of 21 Million Bitcoin (BTC). And with the flagship crypto recently exchanging hands at the $20,000 range now after the year 2020, small-time investors saw this as an opportunity to fulfil their wish to hold at least one BTC.
There was also news that the Bitcoin wallet addresses holding one Bitcoin have surged in number by approximately 13,000 within a week. However, this number witnessed an immediate decrease in the days following, but the Reddit community is quite open to new digital assets investors.
A Reddit user recently shared a screenshot in which he highlighted that he finally did it and that the operation of one whole coin is completed.
The Redditor disclosed that it took him approximately $35,000 to accumulate one BTC over various months since February 14 last year. He also showed support towards the Bitcoin ecosystem and focused on carrying on with efforts to procure Satoshis till he accumulated more than two BTC.
The Reddit users initiated the buying of Bitcoin from one of the popular crypto exchanges, Coinbase, but later started the utilization of Strike for low fees.
Glassnode data highlights that between June 15 to June 25, the total number of Bitcoin (BTC) wallet addresses holding over 1 BTC increased by 873.
The overall crypto industry has seen many bearish trends, affecting not only the crypto assets’ prices but also the investors’ sentiments. Some have thought of it as an investment opportunity, and some other investors have wobbling confidence.
And Google search results also signify the extreme anxiety for the crypto space after weeks of constant sell-off in the asset prices.
At the time of writing, Bitcoin (BTC) is trading at $21,186 and is down by around 0.87% in the last twenty-four hours.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
