Bitcoin's Price Holds Strong at $30K as Individual Wallets with 1 BTC Reach Record High

The number of individual wallets holding at least one bitcoin has reached an all-time high of 1,008,737 million, indicating increased decentralization of the network. However, Binance.US is facing liquidity issues, with its fiat pipelines suspended, leading to a 9% discount on bitcoin and Tether trading. The exchange's market depth has also significantly deteriorated, causing wild price action. Traders are taking advantage of arbitrage opportunities, resulting in a netflow of negative $16.2 million. The situation is unlikely to affect the overall market price of Tether due to its total circulation. Bitcoin's next moves will be influenced by upcoming jobless claims and CPI data, which will indicate the success of the Fed's inflation-taming efforts.