Bitcoin made many investors happy by rising to the level of 67.000$ ! 🎉 According to IntoTheBlock's tweet, 93% of addresses holding BTC are back in profit. This shows that the market is still in the bull phase.
BTC rose 20% from $56,000 to $67,000 since July 12. Although it fell due to the German government's sales and the impact of Mt. Gox, the increase in demand and positive market sentiment brought BTC up again. 📈
Large investors continue to accumulate BTC and demand for spot Bitcoin ETFs in the US is increasing. However, some analysts state that the market is still open to corrections.