Data from IntoTheBlock suggests that around 29% of circulating Bitcoin has remained dormant for over five years, potentially indicating that a significant portion of the 19 million mined Bitcoins may be permanently out of circulation. Glassnode also reported a 5-year high of 7,781,224.168 BTC that are either hodled or lost. Meanwhile, Bitcoin experienced a surge of 3.50% on July 13, reaching $31,641, following news that Ripple did not violate U.S. securities law by selling XRP on public crypto trading venues. However, the following day, Bitcoin fell by 4.78% to $30,133.
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