On Monday, August 10, the average bitcoin rate reached an annual high above $ 12,000. Now the first cryptocurrency costs $ 11,991, over the past week it has risen in price by 9%. For the first time in 2020, the asset price rose above $ 12,000 on the morning of August 2, after which it fell sharply to $ 11,000.
Over the past day, several altcoins have shown a large increase in value. For example, the price of Ankr rose by 63%, Band Protocol rose by 45%, Ampleforth by 33%, the cost of another 22 coins rose from 5% to 29%. At the moment, the share of bitcoin in the digital money market is 60.7%.
Earlier, the analytical service Glassnode reported that large players are gradually losing control of bitcoin to retail investors. According to researchers, over the past five years, the share of the first cryptocurrency in the wallets of small market participants has grown from 5.1% to 13.8%. We are talking about traders with a balance of less than 10 BTC. At the same time, the share of “whales” with reserves ranging from 100 to 100 thousand coins decreased from 62.9% to 49.8%.