BTC Trades Down 40% In June, AUM Across Digital-Asset Investment Products Falls 36%

📆 7/1/2022 1:26 AM
📰 CoinDesk

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

While June has been historically volatile for bitcoin, this month has redefined the worst case. Bitcoin's monthly returns traded down 40% since the end of May — its worst performance since 2013. Watch Chart of the Day, presented by cryptocom:

June of 2022 is shaping up to be bitcoin’s worst month, according to data going back to 2013, trading down 40% this month, while digital asset market capitalization has dropped 70%

since last November, according to JP Morgan. Plus, a look at CryptoCompare data on digital asset investment products as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.“

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines