Bitcoin increasingly accessible as small investors accelerate accumulation

Quick Take

The investing ecosystem for Bitcoin is witnessing a prominent shift as ‘Bitcoin shrimps,’ a term referring to investors owning less than one Bitcoin, are making notable strides in the accumulation process.

This year has seen a steady increase in this group’s accumulation activities, detectable for the first time in its prominent deep blue color coding. Over this period, the total Bitcoin supply held collectively by this group has reached a marked 1.4 million Bitcoin.

Within the last 30 days alone, this accumulation trend has seen an additional 24,000 Bitcoins added to their holdings. This emerging trend underscores a diversifying Bitcoin landscape and demonstrates the increasing accessibility and widespread acceptance of cryptocurrency among a broad range of investors.

The post Bitcoin increasingly accessible as small investors accelerate accumulation appeared first on CryptoSlate.

Credit: Source link