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Opening bell - Issue 27

Research10 September 2024Copper
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Prepare for the week with key data points and trends in the digital asset marketplace.

Opening bell | Issue #27 report highlights:

Opting to buy Bitcoin at the U.S. market's close and sell at the open, while skipping Monday trades, has tripled the returns of a simple buy-and-hold approach this year. Concurrently, on-chain analytics reveal a substantial drop in short-term trader holdings, though they retain sufficient firepower to stir the market. Conversely, long-term holders are amassing coins at an unprecedented pace for 2024, with retail investors also rejoining the fray.

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