Investors continue to flow in despite Bitcoin’s drop in value

visa bitcoin card

Bitcoin price is showing signs of a reach for the range’s upper limit as it bounces off a crucial support level. This development, from a short-term outlook, holds promise as BTC could retest the aforementioned level.

The monthly return for Bitcoin in April was -17.3% and so far, May has been brutal as well with the current number at -20.0%. Despite the unenthusiastic numbers, the Fidelity Investments Bitcoin Index Fund has raised a whopping $126.56 million via its offerings based on a new filing with the US Securities and Exchange Commission.

Moreover, the number of investors has increased from 83 to 689, representing a 730% increase over the last year. 

Read full article here

Request inventory & stock List
Get the weekly Minerset price inventory availability

More news

Try our Crypto Mining
profit calculator

Minerset official crypto mining profit calculator. Get an instant overview of your daily and monthly profit with our free mining profit calculator.