{"id":5120,"date":"2023-01-16T11:06:24","date_gmt":"2023-01-16T11:06:24","guid":{"rendered":"https:\/\/www.bitcoincasinos.com\/?p=5120"},"modified":"2023-01-16T11:13:08","modified_gmt":"2023-01-16T11:13:08","slug":"over-18-of-bitcoin-supply-has-returned-to-profit-following-btc-rally-to-21k","status":"publish","type":"post","link":"https:\/\/www.bitcoincasinos.com\/blog\/2023\/01\/16\/over-18-of-bitcoin-supply-has-returned-to-profit-following-btc-rally-to-21k\/","title":{"rendered":"Over 18% Of Bitcoin Supply Has Returned to Profit Following BTC Rally to 21K+"},"content":{"rendered":"
<\/a><\/p>\n After weeks of lackluster trading, <\/span>Bitcoin<\/span><\/a> is showing some renewed energy with a price rally of over $21,000. Investors have responded positively, and many of them are entering the market, leading the entire crypto market to benefit from this bullish wave. As of this writing, Bitcoin is trading at <\/span>$21,168<\/span><\/a>.<\/span><\/p>\n This price surge has been particularly beneficial for investors who held onto their BTC during the bearish times. According to an analysis by <\/span>BitcoinCasinos.com<\/span><\/a>, more than 18% of Bitcoin\u2019s supply is now in the green. This means that investors who had held onto their BTC have finally made profits again after months of losses.<\/span><\/p>\n According to BitcoinCasino Financial analyst Edith Reads,” With the market being so positive again, and with investors feeling confident in the future of Bitcoin, we can expect to see more capital inflows soon. This means that the market has finally taken a decisive turn towards being bullish and is likely to stay that way for some time.”<\/span><\/p>\n When FTX collapsed, Bitcoin and most of the crypto market saw a large price drop. This caused many investors to lose their investments and liquidate their positions. Bitcoin has lost 27% of its value since the incident and has been slowly recovering.<\/span><\/p>\nFTX Collapse<\/b><\/h2>\n