Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/steadfast-bitcoin-holders-maintain-positions-despite-market-volatility" rel="noopener noreferrer nofollow">Steadfast Bitcoin Holders Maintain Positions Despite Market Volatility</a><br></p>
<p style="text-align: justify">Despite recent market volatility, <a href="https://en.bitcoinhaber.net/jim-cramers-skepticism-on-bitcoins-future-amid-etf-correlation" rel="noopener noreferrer nofollow">Bitcoin</a> holders remain committed to their investments, with data showing a significant portion continuing to hold on to their assets. Analysis from Glassnode indicates that a majority of Bitcoin investors are undeterred by price fluctuations, exhibiting a strong resolve in retaining their digital currency holdings.</p>
<h2 id="resilience-among-bitcoin-investors">Resilience Among Bitcoin Investors</h2>
<p style="text-align: justify">Glassnode’s analysis highlights the tenacity of Bitcoin holders over different holding periods. It shows a notable persistence in ownership, with 69.6% of one-year holders keeping their Bitcoin, followed by 56.4% for two-year holders. Even over a three-year span, 43.5% have resisted the urge to sell, and 31.5% have held for five years, indicating a trend of long-term confidence in the cryptocurrency.</p>
<h2 id="bitcoin-s-profitability-for-holders">Bitcoin’s Profitability for Holders</h2>
<p style="text-align: justify">When focusing on profitability, the study conducted by Santiment on Market Value to Realized Value (MVRV) ratios for Bitcoin reveals a generally profitable scenario for those who held over the past five years. The one-year MVRV stood at 25.4%, meaning a significant number of investors who bought Bitcoin in the previous year are now in profit. This segment has seen profitability since August 2023, with the value peaking near 51% in December.</p>
<p style="text-align: justify">The two-year MVRV was around 39%, showing a rapid increase above zero in October and a January peak exceeding 55%. Similarly, the five-year MVRV was at approximately 38%, climbing above zero around the same time as the two-year and peaking at 54% in January 2024. These figures demonstrate the varying degrees of profit retained by Bitcoin investors across different holding times.</p>
<p style="text-align: justify">Amidst these findings, Bitcoin’s price hovers around the $43,000 mark, showing a relatively stable position with a marginal 0.01% decline. This stability suggests that, despite the ups and downs, Bitcoin’s value remains robust, supported by a community of investors who believe in its long-term prospects.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/steadfast-bitcoin-holders-maintain-positions-despite-market-volatility" rel="noopener noreferrer nofollow">Steadfast Bitcoin Holders Maintain Positions Despite Market Volatility</a></h5>

Steadfast Bitcoin Holders Maintain Positions Despite Market Volatility

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