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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Bitcoin HODLers Clenching Their Moneybags Even As Stocks Plunge Is Remarkable, Says Analyst

Analyst Will Clemente noted the remarkable conviction of Bitcoin (CRYPTO: BTC) HODLers as 64% of Bitcoin supply hasn’t moved in a year despite the tech-heavy Nasdaq plunging 18% from its peak.

What Happened: Clemente tweeted, “Beneath the surface, there is a group of convicted HODLers viewing BTC as their store of value amidst unprecedented uncertainty in markets. Pretty remarkable.”

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