The Cryptocurrency market is full of surprises. The world’s largest Cryptocurrency Bitcoin (BTC) has struggled to get back over the $ 100,000 brand. Despite this, King Coin is not so far from its highest time. BTC reached a top of $ 109.114 in January 2025. At present, the availability is only 9.49% during this milestone. Although this seems like a simple climb for BTC, major investors did not take a chance.
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Diving into the Bitcoin market
Bitcoin’s latest downfall was linked to Donald Trump’s recent trade war discussions. A significant number of whales regarded this as a great opportunity to pocket bitcoin while the asset dipped. According to Santiment, 135 new wallets that contained more than 100 BTC appeared in February. But small retail investors sold after the last decline, especially those who had joined the market over the past six months. The number of wallets by fewer than 100 BTC decreased by 138,680 in February. As a result, it is obvious that the range of bitcoin has been shifted from weak to powerful hands. The company added,
“This is an ideal installation for crypto market cabinets to rise, although it takes a few weeks to (or even months) to see the generally haul effect of coins absorbed by whales.“
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