UTC-05:00,Friday , February 21st 2020

11.5 Million Bitcoin Were Hodled In 2019, In Spite Of Price Volatility

12:43 Monday , December 02nd 2019
According to AMCrypto, the price volatility and movement recorded by Bitcoin over 2019 has been tremendous. Over the first half of the year, the world's largest digital asset scaled by over 220 percent. Soon after, however, it registered a decline of close to 55 percent towards the latter part of the year.
With the end of 2019 and Bitcoin's third halving in May 2020 fast approaching, many in the community have speculated that Bitcoin would undergo another bullish phase following the event.
According to Rhythmtrader, over the course of 2019, around 11,580,000 Bitcoins were completely dormant, without any registered movement. Despite such inactivity, Bitcoin recorded a bullish phase between April and June, a period during which the king coin hit its yearly high of $13,800. All of these coins were neither sold nor traded in the market.
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