Historical record: every second Bitcoin is in the hands of new investors

The analytical company Glassnode has published a study according to which the share of Bitcoin among new holders who have owned the cryptocurrency for a day to three months has reached 50.2%. Although this figure has not exceeded the record values ​​of the cryptocurrency cycles of 2018 and 2021, when it was 85% and 74%, respectively, the current dynamics indicate a significant influx of fresh capital into the market.

Experts at 10x Research associate the latest fluctuations in the cryptocurrency market with the situation in the technology sector. Uncertainty in the field of artificial intelligence is putting pressure on the shares of large technology companies. In particular, NVIDIA quotes have been showing a sideways movement since the middle of last year, which has raised investor concerns about the pace of growth in the industry.

Analysts suggest that a slowdown in the development of the technology sector may have a positive effect on the value of Bitcoin. With investors searching for alternative assets and stable inflation, the first cryptocurrency is becoming an attractive tool for risk diversification.

Markus Thielen and his team of experts note that the current market dynamics create preconditions for the continuation of the upward trend. The increased influx of new holders may contribute to the approach of quotes to historical maximums. At the same time, experts emphasize the continued high volatility of the market, but interest in the digital asset remains stable.

The coming months, according to analysts, will be decisive for the formation of the further price trend of Bitcoin, which continues to show signs of accumulation of potential for a new movement.