Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K
From Cointelegraph
May 27, 2025 01:31 AM:
Bitcoin markets saw two major liquidation events, leading to forced selling from over-leveraged traders. Long-term holders capitalized on the reset, accumulating more Bitcoin. Realized capitalization surged past $28 billion as short-term traders faced margin calls. Long-term investors used the dip to strengthen their positions and increase exposure. Analysts predict levels above $112,000 are achievable. Bitcoin currently trades around $108,700 on Coinbase, rebounding from a low of $107,550. The cryptocurrency hit resistance twice at $110,000.
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1. Bitcoin hits new all-time high of $60,000, fueled by institutional investors and growing mainstream acceptance. Market cap surpasses $1 trillion for the first time.
2. Ethereum follows suit, reaching a record high of $2,000 as decentralized finance (DeFi) projects gain traction.
3. Tesla announces purchase of $1.5 billion worth of Bitcoin, sparking further interest in cryptocurrency as a legitimate asset class.
4. Cryptocurrency market cap exceeds $1.5 trillion, with altcoins like Cardano and Polkadot seeing significant gains.
5. NFTs (non-fungible tokens) continue to surge in popularity, with digital artwork selling for millions of dollars at auction.: Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K