Cryptocurrency Market
The ongoing bear sentiment in the cryptocurrency market is the worst ever, said blockchain analytics firm Glassnode in its latest report. The firm stated that multiple factors have made the month of June and the ongoing year the worst ever on record for the world’s largest cryptocurrency, Bitcoin. With Bitcoin under massive selling pressure as a result of macroeconomic factors, June saw the price of the token dip below the $20,000 mark multiple times. Bitcoin’s price is down by 55 percent year-to-date.