Bitcoin
$65,345.82
-3116.7
Ethereum
$3,388.04
-237.52
Litecoin
$81.42
-4.41
DigitalCash
$33.44
-3.67
Monero
$137.90
-1.24
Nxt
$0.00
-0
Ethereum Classic
$29.62
-2.2
Dogecoin
$0.13
-0.02

Bitcoin suffers worst month since November 2022, while Ethereum holds steady

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Quick Take

  • Bitcoin is currently 8% down as May closes out, the worst-performing month since November 2022, according to Coinglass data.
  • The largest cryptocurrency is down roughly 6% in the second quarter so far after a strong Q1 where Bitcoin appreciated 72%.
  • Ethereum faired better in May; currently 1% down, and up 1.96% in the ongoing Q2.
  • As the summer seasons start to kick in, this is a pretty good time for Bitcoin, with a lot of the pain historically coming in Q3.
Monthly Returns: (Source: Coinglass)
Monthly Returns: (Source: Coinglass)
Monthly Returns: (Source: Coinglass)

The post Bitcoin suffers worst month since November 2022, while Ethereum holds steady appeared first on CryptoSlate.

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