Summary
- Despite Bitcoin reaching a new all-time high, it was analyzed that the inflow of new funds remains minimal.
- When Bitcoin broke through $100,000 last December, $135 billion entered the market; however, this year, the figure has been only $51 billion.
- Currently, Bitcoin is reported to be trading at $122,404, up 3.84%.
Despite Bitcoin (BTC) reaching a new all-time high (ATH), analysis shows that the inflow of new investors remains minimal.
On the 14th (local time), Ali Martinez, a crypto asset (cryptocurrency) analyst, shared on X (formerly Twitter), "When Bitcoin hit $100,000 in December last year, $135 billion entered the market," but added, "This year, although Bitcoin has hit another new high, only $51 billion has flowed into the market."
As of 6:10 p.m., Bitcoin is trading at $122,404 on the Binance USDT market, up 3.84% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
