BREAKING
207d 23h ago

Bitcoin Sees 2.86% Surge in First-Time Investors, Boosting Market Momentum

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent data from Glassnode, the number of first-time Bitcoin investors has surged by 2.86% over the last fortnight, climbing from 4.77 million to 4.91 million BTC holders. This uptick in new market participants highlights a sustained influx of fresh capital into the cryptocurrency ecosystem. The growing investor base is a key factor underpinning the recent Bitcoin price rally, reflecting increased confidence and adoption within the digital asset space. Market analysts view this trend as a positive indicator of expanding demand, which could contribute to further price stability and growth in the near term. As institutional and retail interest continues to converge, the cryptocurrency market’s liquidity and resilience are expected to strengthen, reinforcing Bitcoin’s position as a leading digital asset in the financial landscape.

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