Who owns bitcoin? Roughly 80% are held by long-term investors: report

Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co.

Copper made the case that the recent price ascent is a function of steadily rising demand for bitcoins
BTCUSD,
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and the growing scarcity of the asset that has a maximum supply of 21 million, which is projected to be hit by 2140. The…


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