The post Bitcoin Profitability Reaches 97% For The First Time In Over 2 Years appeared first on Coinpedia Fintech News
BTC is currently at 19% increase in the week, currently trading at $66000 as of writing. 97% of all Bitcoin addresses are now in profit. As per IntoTheBlock platform, 50.62 million Bitcoin addresses are currently in profit. The price surge is closely associated with the BTC ETFs and mainstream adoption .In February, 69,244 BTC worth over $3.6 billion were withdrawn. Those who have profited the most are the ones who have held Bitcoin long-term. With the bull run in full swing, Price targets of BTC for the year end range from $100,000 to $300,000!