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Bitcoin Supply In Profit Hits 1-Year High As BTC Tries To Breach $12K

While the price of Bitcoin [BTC] has been trying to push past $12K, the total Bitcoin supply in profit hit a yearly high as it soared up to a little more than 95 percent.  Bitcoin, the first and the largest cryptocurrency in terms of both price and market cap has been dominating the crypto-verse for the longest time now. Despite its price slump during the peak of COVID-19, Bitcoin bounced back into form and broke through both the $10K and $11K zone. This was considered a huge milestone for the king coin as these two zones were considered major resistance…

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