The bears have won most of this year’s crypto market as the most popular crypto, Bitcoin (BTC), struggles to cross the $20k price point. According to the market intelligence platform, Santiment, five-year BTC investors are now at a loss.
Santiment shared a chart with the crypto community proclaiming that people who have been holding Bitcoin for the last five years are now underwater, with a 34% loss on average. The analytic firm added that BTC return first went 0% on June 9 this year.
Source: Cryptocurrency - investing.com
