Bitcoin And Ethereum Post Worst Start To A Year On Record: Fortune
The industry’s largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), are enduring one of their most difficult openings to a year on record, according to a recent analysis by Fortune, with both digital assets trading sharply below their previous peaks. Bitcoin is currently down roughly 46% from its all-time high, while Ethereum has fallen about 60% from its record level. The steep declines mark what the publication describes as historically poor year-to-date performances for the assets. Bitcoin, Ethereum Lag While S&P 500, Gold Post Gains While Bitcoin and Ethereum, along with broader crypto prices, have often moved in tandem with equities in recent years, that relationship has weakened over the past two months
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