#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Whenever a major fundamental change is imminent, the market tends to be the first to fluctuate, which is actually quite normal. The main reason is that before the change of major fundamentals, most investors are in a wait-and-see state, and the trading activity has declined, so it is naturally difficult to form a clear trend. As shown in the morning analysis, the market fluctuated first, and in the evening it showed the characteristics of reciprocating progress from the south to the north, accumulating about 2,000 points of fluctuation, reaching the eighth consecutive yang, and the short-term operation opportunities increased, but due to limited space, detailed statistics are no longer available.
A similar situation happened in the cryptocurrency market last week, which also went through a period of volatility and even fell before the change, and then went into a wait-and-see mode. There are hints of a southward trend in the evening in intraday trading. There is no continuous update at night because the market news is intensive, the market continues to advance, and there is no time to take care of other things. The Bitcoin market is exhibiting this typical pattern.