Bitcoin suffers worst month since November 2022, while Ethereum holds steady

quick take

• Bitcoin is currently down 8% at the end of May, its worst performance since November 2022, according to Coinglass data.
• After a strong first quarter when bitcoin rose 72%, the largest cryptocurrency so far has fallen about 6% in the second quarter.
• Ethereum performed better in May. Now he’s down 1% and in the ongoing second quarter he’s up 1.96%.
• Summer has started and this is a very good time for Bitcoin, but historically a lot of the pain comes in Q3.

Ethereum remains strong while Bitcoin suffers its worst month since November 2022, first appearing on CryptoSlate.