60% of Bitcoin hodlers have continued to hold their bitcoins for a year despite the downtrend.
The crypto market retraced its gains on Friday, being inversely correlated with the dollar index for quite some time now. Yesterday, the dollar index recovered part of its losses after retreating from its 20-year high on September 1. At the time of writing, the total crypto market cap was down by 1.15%, at $975 billion.
Bitcoin bears continued to extend selling pressures, with Bitcoin (BTC) once again dipping below the $20,000 level (-1.43%). Ethereum (ETH) plunged by 3% and was trading at $1,545. Cardano (ADA) remained the only cryptocurrency amongst the top 20 riding high on the date announcement for the Vasil upgrade.