Bitcoin, the pioneer of cryptocurrencies, has not only revolutionized finance but has also established itself as a formidable investment asset. Recent data from Glassnode underscores this assertion, revealing that Bitcoin has been profitable for investors on 4,954 out of 5,060 days since its inception. This staggering statistic translates to an impressive 97.9% of its trading history where holding Bitcoin has been beneficial relative to today’s market prices.·
For the full story, head over to TheCurrencyAnalytics.com.