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Hong Kong Bitcoin
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Is Asia Secretly Fueling the Next Bitcoin Boom? The Data Says Yes!
- August 24, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsThe Asian market is once again becoming a focal point for Bitcoin accumulation, mirroring patterns seen during previous bull runs. According to recent on-chain data, Bitcoin’s year-over-year supply change in Asia has doubled, rising from 4% in January to over 8% by mid-May. This surge in accumulation aligns closely with Bitcoin’s price increase to over