Bitcoin marks its worst second quarter in history
It fell 42% in this period after a great start to the year
Updated : 11:29
Bitcoin has closed its worst second quarter in history with an added plunge of 42%. If you look at the semester, the leader of cryptocurrencies is offering its worst performance since 2018.
It should be remembered that bitcoin has risen more than 100% from the beginning of the year until mid-April, when it began its particular descent into hell.
Other cryptos such as ethereum are not doing particularly well in this second quarter of the year either, but despite everything, this altcoin is on track to close its best first half since 2017 with a rally of approximately 185% in this first half of the year.
In the case of dogecoin, the cryptocurrency 'meme', has risen 380% in the second quarter, a figure that pales when compared to the 980% rally with which it closed the first quarter of the year. Currently, this altcoin is far from its highs recorded in early May, at 74.07 cents.
Returning to bitcoin, what now really divides the experts is whether or not its big correction is over. Some think it can continue to fall to $ 12,000, while others see it above $ 110,000 by 2022 and others believe that 100,000 is mission impossible, at least in 2021.
Translated by Caoimhe Toman