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Bitcoin hit an anti-record in August for the first time since 2015
The flagship cryptocurrency bitcoin showed the worst performance in August, falling by 13.9% - an anti-record for the first time since 2015. According to Cointelegraph Markets Pro and TradingView, bitcoin ended August at $ 19,900, having dropped by 13.9% in just one week.
It is worth noting that investors should not pin their hopes on the growth of the CTS value in September. According to Cubic Analytics analyst Caleb Franzen, the beginning of September could be worse for bitcoin than the last days of August, so the cryptocurrency community should be prepared for anything.
On August 20, it became known that ethereum had fallen by 18%, when ETH was trading for $ 1650. However, at the time of writing, ethereum’s performance has dropped even lower, with ETH trading for $ 1550. As for bitcoin, it is currently worth $ 19,952.