Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come

Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come

“Despite bitcoin’s recent 39% correction, the number of addresses with a non-zero balance continues to break all-time highs,” said Marcus Sotiriou, an analyst at the U.K. based digital asset broker GlobalBlock. “Also, since the $69,000 all-time-high, the Canadian Bitcoin Purpose ETF has added 6,341 BTC in assets under management, representing a 26.2% increase in coin holdings.”

Originally Posted on: https://www.coindesk.com/markets/2021/12/16/bitcoin-holds-steady-above-49k-as-boe-hikes-interest-rate-ecb-decision-to-come/
By: Omkar Godbole

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