Bitcoin falls to 9-week low – So why is this key group not worried?

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Bitcoin has historically tended to recover strongly in July, but a cocktail of dampers stands in its path to new highs this time.

Bitcoin has historically tended to recover strongly in July, but a cocktail of dampers stands in its path this time.retraced for a third straight day on the 4th of July, printing a huge red candle on the BTC/USDT daily chart as it sharply fell through $58,000.

Changes in the wallets of massive USDT and USDC holders support the activity of these large BTC holders. Santiment noted that these figures represent 5.37% and 1.99% declines respectively compared to half a dozen months ago. Data from BitcoinTreasuries.net showed that public companies around the world cumulatively owned 321,802 BTC as of the 4th of July, led by

 

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