US, Asia and Europe are buying bitcoin simultaneously, analyst says
- —Analyst Ted Pillows says the US, Asia and EU are all buying BTC this week
- —Coinbase: over 40 countries signalled bitcoin reserve plans, only ~13 confirmed holdings
- —Listed Asian firms hold 45,620 BTC; European firms 8,083 BTC as of September 24
- —The US government holds over 320,000 BTC, mostly seized in criminal cases
Why it matters: Simultaneous demand across regions could ease selling pressure, but without confirmed purchase volumes the price impact remains limited.
Source: Siam Blockchain