1. Aiwaka AdventuresHome
  2. Metaverse Matters

When is the withdrawal of Bitcoin (Bitcoin withdrawal and deposit)?

• Metaverse Matters • 111 views

When is the withdrawal of Bitcoin? This is the most commonly said phrase in the

When is the withdrawal of Bitcoin (Bitcoin withdrawal and deposit)?

When is the withdrawal of Bitcoin? This is the most commonly said phrase in the cryptocurrency circle, “Those who rise slowly don’t necessarily earn more.” Common people would say, “Those who rise slowly won’t lose money,” which means that many so-called investment masters in the market cannot hold on. However, in reality, the price of Bitcoin has not risen so quickly and there are even many people saying, “The longer the speculation, the faster the price changes; the later you make money.” The price of Bitcoin dropped from 30,000 US dollars to an all-time high of around 50,000 US dollars.

According to the “2018 Global Digital Currency Industry Research Report”, there were 13 risk events in the blockchain industry in the first half of 2019. The Bitcoin market experienced significant recovery in the first quarter of 2020. According to statistics, the total market value of Bitcoin in the third quarter of 2020 surpassed 1.3 trillion US dollars, reaching a historical high. Since 2017, BTC has risen more than 30%. The increase in 2019 exceeded 10%, and the growth within 2017 increased more than 10 times. The overall decline in 2018 was about 15% to 18%. (Mars Finance)

Bitcoin Withdrawal and Deposit

According to the data from the Huobi Global Station, Bitcoin rapidly surged from $59,000 to around $63,000 today. It then quickly fell back below the $65,000 mark. Currently, Bitcoin has returned to the $58,000 level but has not yet recovered to the price range of around $60,000. In addition, according to OKEx’s data monitoring, BTC deposits and withdrawals have been steadily increasing, reaching the 7-day average and experiencing high volatility.

In terms of fund flows, “mining upon purchase” is one of the recent hot market behaviors. Up to now, Huobi Global has accumulated 377 million Bitcoin positions, with locked assets reaching 1.268 billion RMB. Among them, Huobi holds 103,400 Bitcoin, 27,100 Bitcoin Cash, and EOS fan base exceeds one million.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/17/when-is-the-withdrawal-of-bitcoin-bitcoin-withdrawal-and-deposit/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/17/2023 16:45
Next 08/17/2023 17:08

Recommended articles