Market Wrap: Crypto Markets Gain Momentum After Dipping Early in Tuesday Trading
— Past, Wrap, Struggling, Largest cryptocurrency, Worst quarter since 2011, Gain, Btc, Market, Dipping, Worst — 1 min read
Bitcoin (BTC) was recently changing hands at about $20,600, up more than 4% over the past 24 hours. Bitcoin dropped almost 60% during this year's recently closed second quarter, its worst quarter since 2011. The largest cryptocurrency by market capitalization has been struggling to stay above the $20k threshold for the past month and dropped 60% in the second half of the year. Bitcoin has dropped about 60% since the end of the second quarter of this year, dropping more than 50% in a year's first half. Bitcoin is now trading at $21,000, up 4% in just over the last 24 hours, according to the latest market data. Bitcoin's market value has declined by more than a quarter Source