3 Million Bitcoin at a Loss, Can BTC Make A Comeback in March?
The world’s largest cryptocurrency, Bitcoin (BTC), had a notable couple of months. The king coin managed to rise all the way to a high of $109,114.88. The asset did not trade at this level or even maintain its position over $100,000. This was followed by a massive downfall that caused chaos in the entire market. BTC’s dip below $90,000 came as a shock to the community. Will the king coin redeem itself in March 2025? Also Read: M2 Money Supply Goes Parabolic—Is a Massive Bitcoin Rally Incoming? Bitcoin’s Current Market Source: Watcher Guru Bitcoin witnessed a massive drop of 8% throughout the past seven days. The asset went from trading at a high of $99,000 last week to a low of $86,008.23 just yesterday. At the time of writing, BTC was trading at $88,332.94, following a 1.70% drop in the last 24 hours. Due to this plummet, the asset is currently 19% below its peak. Source: CoinMarketCap Currently, 3,000,000 BTC are losing money, which is the highest since 2018. This im...