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Mareena

06/16 15:43

Bitcoin accumulation continues Bitcoin and other

Bitcoin accumulation continues

Bitcoin and other crypto prices have jumped as signs emerged that investors are still accumulating the coin. Michael Saylor’s Strategy bought 10,100 coins last week, bringing its total holdings to 592,100.

The 10,100 weekly figure is notable because mining companies are only producing 3,150 coins per week.

Other companies and ETFs have continued adding Bitcoin. Metaplanet has just passed the 10,000 mark in terms of Bitcoin holdings, while GameStop and Trump Media are in an accumulation mode. 

Crypto prices also jumped as investors waited for the upcoming Federal Reserve decision on Wednesday. A dovish tone, especially after last week’s soft US inflation datawill be bullish for Bitcoin and most altcoins. 1750088593523.png


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