Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low

After bitcoin’s roughly 10% decline for the month of August, at least some were hoping for a September bounce, but that could prove wishful thinking. According to Galaxy Research chief Alex Thorn, bitcoin fell during seven of the last 10 Septembers. However, that data set contains some good news, said Thorn, as October has typically been bitcoin’s best month of the year and the rest of the Fall has usually brought positive returns as well.

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Cryptocurrencies: 16,229
Markets: 1,197
Marketcap: $ 3.49 T
24h Vol: $ 179.73 B
BTC Dominance: 54.99%