Bitcoin’s Average Holding Time Surpasses Ethereum, Dogecoin, and Ripple
Bitcoin’s average holding time of 4.2 years highlights its reputation as a long-term store of value and its potential for substantial gains. Key Takeaways: Investing in cryptocurrencies, particularly Bitcoin (BTC), has proven to be a successful strategy, provided investors have the patience to hold onto their assets during turbulent times and can time the market effectively for selling. Did you …
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DOGE Approaches Key Resistance Amid Bull-Bear Tussle
Dogecoin (DOGE) faces a pivotal moment as it hovers near a resistance level at $0.06450. Technical indicators suggest potential bullish movement, but bears are resisting. Key Takeaways Introduction The price war between bullish and bearish forces is reaching a crucial juncture as Dogecoin (DOGE) hints at challenging a pivotal resistance level. Despite a minor decline of 0.22% in its value …
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Bitcoin Maintains $30K Mark While Ethereum Surge by 5% in the Last 24 Hours
On Thursday, most cryptocurrencies were trading higher following better-than-expected US economic data. Bitcoin (BTC) rose 0.66% to $30,244, with a trading volume of approximately $18.62 billion, an increase of 6.42% in the last 24 hours. According to Mudrex CEO Edul Patel, BTC is trading above the $30,000 level, indicating that the bulls have the upper hand in the market. Ethereum …
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