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Bitcoin (BTC) Ended June as Top Performing Cryptocurrency

Published 07/01/2019, 06:48 AM
Updated 07/01/2019, 08:01 AM
© Reuters.   Bitcoin (BTC) Ended June as Top Performing Cryptocurrency
BTC/USD
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Bitcoin (BTC) outperformed all digital assets in June, in a month of dramatic volatility. Instead of an altcoin season, June saw a dramatic rally in prices, also containing a record for 2019 at nearly $13,800. BTC also logged lows around $7,500 at the beginning of the month, before a dramatic surge in the last 10 days lifted BTC to new valuations.

All in all, BTC managed to add $2,500 net to its price after all the fluctuations, and for now supported the still weak altcoin rally. BTC’s valuation dominated 64.2% of the entire market. In June, BTC also marked absolute record volumes above $45 billion’s equivalent in 24 hours, an unprecedented level of activity that has outpaced the December 2017 ra...

This article appeared first on Cryptovest

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