On July 11, Bitcoin surged past the $118,000 mark, establishing a new all-time high in the cryptocurrency market. According to data from Akrham on-chain analytics, the pseudonymous creator, Satoshi Nakamoto, retains ownership of roughly 1.096 million bitcoins. This substantial holding is currently valued at approximately $129.38 billion, underscoring the significant influence Nakamoto’s assets have on market capitalization. The milestone reflects robust investor confidence and continued institutional interest in Bitcoin as a leading digital asset.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024