Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
May 17, 2024 15:43
Bitcoin is on a positive price trajectory, remaining steady above the $66,000 mark today. Notably, Bitcoin whales accumulated 3,400 BTC in a series of transactions. Despite recent price highs, the surge in whale activity indicates a bullish trend, suggesting a potential price rally. As BTC continues to attract institutional and retail investors, whale activities play a crucial role in shaping market dynamics. The performance of recent Spot BTC ETFs has also been augmenting this trend. BTC is currently trading at $66,162.