Study Finds Cryptocurrency Investors Maintained Position Through Bear Market

Cryptocurrency, Bitcoin (BTC)–In an interesting examination of the habits of average cryptocurrency investors, a new study purports that the majority of investors and speculators in the crypto space maintained their position throughout the summer of 2018 despite the slumping prices. While the crypto market nears the end of its ninth month of a bearish cycle that has characterized all but the first two weeks of the year, more investors have maintained their position as the industry looks to reach a relative bottom.

Per the report released by Chainalysis on Monday, which detailed the findings of the study, the majority of both investors and speculators maintained their position throughout the summer despite the declining price of cryptocurrency, with the overall market having exhibited a dampening effect on price volatility. The design of the study surrounded separating currencies by the amount of market liquidity, which the researchers found to be a good measure of speculation…