Every investment and all trading involves risk, so you should always perform your own research prior to making decisions.
According to the IntoTheBlock’s holders’ composition by time held, 61% of Bitcoin holders have held onto their coins for more than a year, 33% have held on for a year and 7% have held onto their coins for less than a month.
Bitcoin’s latest climb to $32,375 on May 31 was fleeting, as the value plummeted below $30,000 in the first few days of June.
At the time of publication, Bitcoin, the largest crypto by market capitalization, was trading at $29,659, a nearly 1% drop over the previous 24 hours.