Bitcoin, the largest cryptocurrency by market capitalization, ether and most other major altcoins sank more gently, offering the latest counterpoint in an ongoing debate whether digital assets will continue to correlate with equities, particularly from the tech sector. BTC was recently trading over $19,400, roughly where it stood 24 hours earlier after recovering from an early morning plunge.
Bitcoin Gives Subpar Performance Over Nasdaq 100 In May 2023
Bitcoin selling pressure continues and more so as the world’s largest cryptocurrency slips by another 3% and is now trading...