It’s safe to say that the primary cryptocurrency has seen better days.
BTC started to dump in value rapidly and dropped to a six-month low of $38,250, as reported yesterday.
As bitcoin attempted its recovery and touched $39,000, the bulls took another major hit.
The S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite declined about 5% last week and approximately by 2% on Friday alone.
Ethereum traded above $3,100 on Thursday, but it’s down below $2,500 as of now.