Friday 10 February 2023

Bank of America: It only Takes $93 million to Move the Bitcoin Price 1%

Bank of America: It only Takes $93 million to Move the Bitcoin Price 1%

A 2021 report from US banking giant Bank of America (BofA) claimed that at a price-tag of $60,000, it only took $93 million in capital to move the Bitcoin price by one percent. Since then, the BTC exchange supply ratio dropped precipitously, per the latest data.
Read more: https://chrisoncrypto.com/blog/f/bank-of-america-it-only-takes-93-million-to-move-the-bitcoin-price-1/?source=Snapzu

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