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Crypto

Bitcoin Aims for Three-Month Winning Streak Not Seen Since 2012

Guavy AI Editorial Team
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BTC
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The Bitcoin price remained above $85,000 on Wednesday, poised to complete a three-month winning streak not seen since 2012. The largest cryptocurrency by market cap has been steadily increasing in value, up around 10% in September so far.

After rising in July and August, the BTC price has now reached a 4.8% gain in July and a 25.2% gain in August, according to data from RootstockLabs.

Tony Dicarlo, director of institutional proposals at RootstockLabs, noted that the Bitcoin price has been on an upward trend since August, with a 29% increase over the past 35 days and a return above the 50- and 200-week moving averages.

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