Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Smaller crypto assets by market cap have fared better than bitcoin this month, although they have also been deep in the red. One small-cap index, which tracks the performance of the 50 smallest crypto assets, fell 27%, according to a report by Arcane Research. Bitcoin, which dropped as much as 35%, underperformed all indexes in June.

Originally Posted on: https://www.coindesk.com/markets/2022/06/21/market-wrap-crypto-rally-continues-smaller-altcoins-outperform-bitcoin-in-june/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Helene Braun, Krisztian Sandor

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