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Bitcoin Is Doing Worse Than Major Equity Indexes The Past Month

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Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoinforecast S&P 500 (SPX500) ftse100 Nikkei 225 CFD
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Rupert Douglas, head of institutional sales for crypto brokerage Koine, isn’t ruling out a further drop. “It’s tough right now to say how far BTC retraces,” he told CoinDesk. “My concern is around equities, where I believe tech is in a bubble not dissimilar to 2000,” he added.

The equities markets are mixed Tuesday, with some hopeful numbers out of Asia while the European and U.S. markets are tanking.

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