Worth evaluation 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT

is down about 11% in August, simply shy of the 13.88% fall seen within the corresponding month in 2022, in keeping with CoinGlass knowledge. The image doesn’t look very vibrant for September, both. Historical past reveals that yearly since 2017, Bitcoin (BTC) has declined in September.

Bloomberg Intelligence senior macro strategist Mike McGlone is much more bearish on Bitcoin. Whereas talking to Kitco Information, McGlone warned that in case of a “international financial reset,” Bitcoin may nosedive to as little as $10,000.

Proceed Studying on Coin Telegraph