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80% of Bitcoin is now in a state of profit; here’s why this matters

80% of Bitcoin is now in a state of profit; here’s why this matters

Photo by Volodymyr Hryshchenko on Unsplash

Despite Bitcoin being down roughly 50 percent from its all-time highs, the vast majority of the benchmark cryptocurrency’s investors are profitable, with its immense climb from its March lows of $3,800 bolstering their profitability.

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