{"id":383941,"date":"2019-05-27T20:00:21","date_gmt":"2019-05-27T20:00:21","guid":{"rendered":"https:\/\/uniquehot.com\/?p=383941"},"modified":"2019-05-27T19:51:46","modified_gmt":"2019-05-27T19:51:46","slug":"bitcoin-sets-new-all-time-high-in-addresses-holding-at-least-0-1-btc","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-sets-new-all-time-high-in-addresses-holding-at-least-0-1-btc\/","title":{"rendered":"Bitcoin Sets New All-Time High In Addresses Holding at Least 0.1 BTC"},"content":{"rendered":"
In recent weeks, Bitcoin<\/a> and other cryptocurrencies have begun to show life once again,. The bear market is in the rear view mirror now that a bottom has been confirmed. Bitcoin alone has nearly tripled in value in under is six months and is flirting with prices that haven\u2019t been seen in well over a year, due to investors fearing they won’t ever get a chance to buy BTC at prices this low (or lower) ever again.<\/span><\/p>\n With FOMO and bullish sentiment back across the crypto market, talk of new all-time highs is commonplace once again. And while crypto investors and \u201chodlers\u201d are busy speculating on what the next all-time high price of Bitcoin will be, the crypto asset is already setting new all-time highs right under our noses.<\/span><\/p>\n One of the biggest benefits Bitcoin<\/a> has going for it, is its incredibly scarce supply. The first ever crytocurrency was designed to be deflationary and was hard-capped at 21-million BTC \u2013 no additional Bitcoins can ever be created. Millions are said to be lost on the blockchain due to forgotten keys or due to asset holders dying without transferring the keys to another owners \u2013 which could be the case with Bitcoin creator Satoshi Nakamoto.<\/span><\/p>\n Related Reading | Why The Next Bitcoin Bull Run Could Eclipse The Last Crypto Bubble<\/a>\u00a0<\/strong><\/em><\/p>\n Such a design causes the asset to repeatedly “bubble”, and it’s the main reason why it\u2019s one of the fastest rising financial assets ever created<\/a>. That same scarcity is exactly why crypto investors should be as equally enthusiastic about a new all-time high Bitcoin has set, that doesn\u2019t have anything to do with price itself.<\/span><\/p>\n According to Coinmetrics.io<\/span><\/a> co-founder Nic Carter, Bitcoin has reached a new all-time high\u2026 \u201cin addresses holding at least 0.1 BTC.\u201d<\/span><\/p>\n <\/p>\n New ATH \ud83d\ude31 (In addresses holding at least 0.1 BTC) pic.twitter.com\/waXAptr40E<\/a><\/p>\n — nic \ud83c\udf20 carter (@nic__carter) May 27, 2019<\/a><\/p><\/blockquote>\nWhy It Matters: Only 210 Million 0.1 BTC Increments Exist<\/span><\/h2>\n
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