@mylesmaritza33
In what's become a pattern over the past couple of weeks, bitcoin (BTC) is again trending lower during U.S. trading hours, the price sliding back to $58,000 just before noon on the east coast.
Currently at $58,200, bitcoin is down just shy of 4.4% over the past 24 hours, outperforming the broader market gauge CoinDesk 20 Index's 5.6% decline. Ether (ETH), Chainlink (LINK) and Cardana (ADA) are among the index constituents dropping more than bitcoin. Having the worst session is Solana (SOL) with a 9% decline.
A bit more than 24 hours from the close of August, bitcoin has tumbled more than 12% for the month, more than reversing what had been a strong July. Ether is now lower by 25% for August, narrowing its year-to-date gain to just 7%. Solana is also off 25% for August and posting a 31% year-to-date advance.
0 reply
0 recast
0 reaction