In its latest Bitcoin report, Fidelity Digital Assets mentioned wallets holding at least a thousand dollars worth of BTC. The company stated that such wallets broke a historical record by reaching 10.6 million in March.
He stated that this indicates a 100% increase from the level of 5.3 million units seen in 2023 and is positive in terms of the growth trend.
“It is very important despite the rising prices…”
Stating that this increase is an important milestone in terms of the adaptation of Bitcoin, Fidelity analysts said:
“There may be a case to be made that the average person’s Bitcoin adoption is increasing. “It is a very important and positive situation that people accumulate Bitcoin despite the growth of small addresses and rising prices.”
“Half of the metrics are positive”
In its report, Fidelity also wrote that there are positive indicators in Bitcoin from a short-term perspective, and in the long term, 1 in 4 of the metrics followed give either negative or neutral signals, but half of them are positive.
“The number of Bitcoins on exchanges is also decreasing”
One of the most important metrics in Fidelity’s report was about the remaining Bitcoins in exchanges. In the report, “The number of Bitcoins on exchanges, which has been decreasing for many years, continues to decrease. We saw this situation in the first quarter of 2024. It decreased by 4.2% to 2.3 million BTC. “In 2020, this figure was 3 million,” it was said.
Fidelity analysts also warned that this should not mean that investors completely withdraw their coins to their cold wallets.
Bitcoin started Thursday with a decline. The largest cryptocurrency, which exceeded 67 thousand dollars on Tuesday evening, fell below 64 thousand dollars this morning.
It was published:
Source: https://uzmancoin.com/fidelity-bitcoin-rapor-kripto/
