Bitcoin (BTC) price has remained in a tight range of between $28K and $29K in the past few weeks.
BTC outperformed the equities market S&P 500, in August.
The popular analytics firm Santiment shared that the trading price of the world’s largest cryptocurrency, Bitcoin (BTC), has remained in a tight range of between $28K and $29K over the past few weeks. Yet, even with this bearish momentum, Bitcoin has outperformed the equities market S&P 500. The trading price of BTC experienced a slight recovery yesterday after reaching the weekly low of $29,088.
In the first half of August, the trading price of Bitcoin held up with a surge of 1.0%, on the other hand, the S&P 500 experienced a decline of 3.3%. Even with the flat momentum, BTC has outperformed the S&P 500. However, the trading price of Bitcoin is still struggling to break its next resistance of $30K.
Bitcoin (BTC) Price Analysis: 24-Hour Timeframe
At the time of writing, bitcoin is trading at $29,168, with a declin
We współpracy z: https://thenewscrypto.com/bitcoin-btc-outperformed-the-sp-500-in-august/
