Bitcoin Recovers to $58.3K at Start of Seasonally Bearish September

Bitcoin Recovers to $58.3K at Start of Seasonally Bearish September

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Source: Coindesk.com

Bitcoin rose by 0.5% to around $58,300, while cryptocurrencies like dogecoin and toncoin are seeing losses up to 3% on the Labor Day holiday in the U.S. Market analysis suggests a bearish trend for September historically, some traders noted, with bitcoin seeing a monthly decline of 6% on average.

Bitcoin (BTC)

Read More https://www.coindesk.com/markets/2024/09/02/bitcoin-drops-toward-575k-extends-weekly-loss-to-10-at-start-of-seasonally-bearish-september/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Recovers to $58.3K at Start of Seasonally Bearish September" appeared first here Coindesk.com.

Source: Coindesk.com

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