Investors buy cryptocurrency

Big investors started actively buying bitcoin in large volumes. Over the past few days a number of wallets with the balance in BTC at $1 million and more increased by 38%, to 18 thousand addresses. This happened on the background of growth of exchange rate of bitcoin to $11 000. Such data are published by the analytical service Glassnode.

«With the recent increase in the price of BTC a number of purses with at least $1 000 000, increased by ~ 38% and now amounts to about 18,000,» — said the analysts.

Big investors aren’t only interested in bitcoin. From mid-July the exchange rate of the token XRP has increased by 30%, the current value — $0,245. However, the percentage of the holders of the asset with a capital of from $240 thousand to $2.4 million increased by 3.7%, writes portal Сointelegraph with reference to the analytical service Santiment.

The reason for expressions of interest in bitcoin by large investors can be the current crisis. To support the country’s economy produced the currency leading to its depreciation. Bitcoin will outperform traditional money, its issue is limited to 21 million coins. Perhaps for these reasons, the founder of hedge Fund Tudor Investment’s Paul Tudor Jones decided to invest in BTC. In may, the billionaire said that he bought a coin for $50 million.


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