Bitcoin Still Up 27% This Year Despite Dismal June Performance

[Tnoy30]

Bitcoin (BTC) is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month.

At time of writing (10:00 UTC), bitcoin is trading around $9,170, representing a 27.8% gain on a year-to-date (YTD) basis, according to CoinDesk’s Bitcoin Price Index.

Meanwhile, gold and the U.S. Dollar Index, which tracks the value of the greenback against major currencies, are reporting 16% and 5.4% gains for 2020, respectively. The S&P 500 index and oil prices are in the red YTD at -5.5% and -34.22%, respectively, as per data source Skew.
Read on: https://www.coindesk.com/bitcoin-cryptocurrency-up-27-2020-dismal-june-performance