4 Minute Crypto – 79% of Bitcoin Addresses Are Showing A Profit, Will They Sell?
Year to date, Bitcoin has gained some 200%, rallying from around $3,500 to $10,000.
While bitcoin whales have undoubtedly benefited from this, data suggests that a good majority of Bitcoin users are also profitable.
The survey found that more than two thirds of U.S. based investors are afraid of a recession, and would consider converting part of their stock portfolios to safer investments or hedge with crypto assets, commodities or real estate.
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DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.