#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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Viewpoint: The current stability of BTC is temporary, and a substantial price Fluctuation is imminent.
BlockBeats news, on March 18th, according to the research report from Derive, a decentralized on-chain Options platform, the calm recovery of the BTC market may be short-lived and could lay the foundation for a storm that triggers significant price fluctuations. Since March 12th, BTC has been stable in the range of $80,000 to $85,000, which consolidation typically occurs after significant directional changes. Due to various factors, including President Donald Trump's tariffs and disappointment over the lack of new purchases for the US strategic BTC reserve, the price big dump from $100,000 to below $80,000 in the past few weeks. With the recent consolidation, the key volatility index has decreased, nearing a monthly low. However, the volatility index has mean-reverting characteristics, which means that the low volatility mechanism may soon pave the way for price turbulence. (CoinDesk)