Reply To: Bitcoin ETFs, NYSE Bakkt and Goldman Sachs Were Key Market Drivers Last Month

Home Forums Crypto News Bitcoin ETFs, NYSE Bakkt and Goldman Sachs Were Key Market Drivers Last Month Reply To: Bitcoin ETFs, NYSE Bakkt and Goldman Sachs Were Key Market Drivers Last Month

#665
Kripto Balkan
Keymaster

During August, the broader digital currency market fell by as much as 30%, according to the MVIS CryptoCompare Digital Assets 100 Index (MVDA), a key benchmark based on the value of the top 100 largest digital assets. After bottoming out roughly mid-month, this index recovered, climbing more than 19% before August was over.

Bitcoin, the world’s largest digital currency by market capitalization, fell more than 20% during the first half of the month, dropping from $7,564.49 to $5,891.87 on August 13, CryptoCompare data reveals. The cryptocurrency then proceeded to recover, finishing August at $7,061.69, a nearly 20% climb from the monthly low.

  • This reply was modified 3 years, 8 months ago by Kripto Balkan.
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