Wednesday, September 18, 2024
Home > News > Bitcoin News > Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce

Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce

To Alex Tapscott, managing director of the digital asset group at Ninepoint Partners, the current market environment is similar to December 2018 when bitcoin (BTC) hit a then-all-time high in the winter of 2017, and 2018 began “a long period of contraction” in terms of the value among crypto assets.

Source