70% of Bitcoin Holders Will Keep The Cryptocurrency If It Falls Below $3,000

Gabor GURBACS, head of digital assets at VanEck, conducted a survey on Twitter that showed how holders of the first cryptocurrency would react if it fell 90% from the current price line to below $3,000.

A survey conducted on Twitter showed that about 70% of current bitcoin holders are ready to survive a colossal collapse in prices, which could cause the value of an asset to fall below $3,000.

The bitcoin price has hit hard over the past three months. At the end of the first and the beginning of the second quarter of this year, the cryptocurrency set new records almost daily. In mid-April, the asset reached its highest price mark of $65,000 in its entire history. Over the next three months, bitcoin began to fall and lost more than 50% of its value in dollars.

Image: The Independent