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CryptoGlobe
2019-01-05 23:58:06

Nearly 80% of Crypto Investors Still Net-Invested in Bitcoin

Bitcoin (BTC) investors remain net-invested in the flagship cryptocurrency despite it losing well over 70% of its value during 2018. Research data published recently by DailyFX indicates that investors are beginning to take more interest in bitcoin and other crypto-related investments. According to the market research, investor interest in bitcoin was it its highest in November 2018. DailyFX’s research analyst, Fan Xu, explained: “Bitcoin: Retail trader data shows 77.5% of traders are net long with the ratio of traders long to short at 3.44 to 1. The number of traders net long is 0.4% lower than yesterday and 6.2% higher from last week, while the number of traders net short is 2.7% lower than yesterday and 6.4% lower from last week.”