Infographic Of The Day: Why The Market Is Thinking About Bitcoin Differently
posted on 06 April 2021
The bull case for bitcoin is linked to the cryptocurrency’s limited supply of only 21 million coins. But scarcity is forming in another way, revolving around investor behavior. According to research from Ark Invest, investors are holding onto bitcoin for longer and longer durations. By holding the asset rather than selling, it decreases the supply of coins available on the market at any given moment, which can drive up price. This suggests that market participants see the long-term value and potential future payoff the asset possesses.
Source:
https://www.visualcapitalist.com/why-the-market-is-thinking-about-bitcoin-differently/
Click here for Historical Infographic Post Listing
Make
|
Econintersect Infographics
A Rare Opportunity to Turn $1,000 into $481,800On August 30, 2019, a small firm won a contract from the Pentagon to build a strange new weapon. The Joint Chiefs of Staff calls this new weapon “Unstoppable.” This under-the-radar company is not yet a household name. Our research proves that anyone who gets in now could turn $1,000 into $461,800 >>> |
Original Source