Bitcoin hodlers unfazed amid recent BTC price action as linear growth continues Crypto
Per IntoTheBlock's holders' composition by time held, the number of Bitcoin"hodlers," or those who have held their BTC for more than a year, is comparatively higher than any other category of addresses, at 60%. Thirty-three percent have held onto their BTC for a year, while about 7% have held the coin for less than a month. The greater chunk of Bitcoin holders being medium- and long-term holders might suggest that Bitcoin may have been seeing pressure from this class.
Alternative cryptos , following Bitcoin's lead, were also down for the past 24 hours, posting losses of between 3% and 12%.Fantom lost as much as 20%, while Apecoin was down 10.215% at press time. On the other hand, TRON was up 5%, gaining traction following the recent success of its USDD stablecoin and TRX burns.
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