Bitcoin on the brink of its longest losing streak on record
Bitcoin (BTC-USD) hovered around $67,200 on Tuesday, on the brink of either snapping a five-month losing streak or extending losses for the longest period in the token's history.
"BTC has never recorded 6 consecutive monthly declines in its 17-year history," Compass Point ***** yst Ed Engel wrote.
After declining for five straight months from October to February, bitcoin was trading within 1% of February's $67,000 closing price, the ***** yst noted.
Bitcoin has shown more resilience than equities as the S&P 500 (^GSPC) has decli
Bitcoin (BTC-USD) hovered around $67,200 on Tuesday, on the brink of either snapping a five-month losing streak or extending losses for the longest period in the token's history.
"BTC has never recorded 6 consecutive monthly declines in its 17-year history," Compass Point ***** yst Ed Engel wrote.
After declining for five straight months from October to February, bitcoin was trading within 1% of February's $67,000 closing price, the ***** yst noted.
Bitcoin has shown more resilience than equities as the S&P 500 (^GSPC) has decli
19 days ago
