U.S. Reclaims Dominance in Bitcoin Holdings 🤑
CryptoQuant CEO Ki Young Ju released data showing that the U.S. is regaining dominance in #Bitcoin holdings.
The U.S. share of Bitcoin reserves compared to other countries is rising, mainly driven by spot #ETF demand (this data only includes holdings of known entities).
The chart shows that the U.S. to other countries' Bitcoin reserve ratio has been recovering from its low point in mid-2023 and has now reached approximately 1.4.
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