The BTC faced four consecutive losses on Monday. Open the book if it will be a fifth
Bitcoin (Btc) Investors are looking to move the past four consecutive losses on Monday.
Over the past few weekends, the largest cryptocurrency has experienced significant volatility of price, driven by Macroeconomic uncertainty including geopolitical tensions, tariffs and increased global bond yields. The boredom on the weekend will appear to be brought on Monday.
Data from Velo shows the past three months Monday and Thursday became the most negative day of regular workweek. Sunday, however, stands as the worst performance of the day of the week in general, with an average price decline of 1%. In general, weekends perform slightly worst than end days in terms of performance.
Bitcoin has fallen for the past four Monday, shown coinglass data. Lost 0.31% in February. 17, 4.6% in February.
The S&P 500 The three consecutive Mondays of losses were also experienced. It was not exchanged in February. 17 Due to a US holiday.
Bitcoin traded only 1.4% higher within 24 hours, while the S&P 500 futures became slightly negative. What happens next is anyone’s guess.
