Bitcoin Investors Aim to Break Four Consecutive Monday Losses

1 min

Bitcoin investors are looking to recover from four consecutive Monday losses. Recent price volatility is attributed to macroeconomic factors such as geopolitical tensions, tariffs, and rising global bond yields.

  • Over the last three months, Mondays and Thursdays have been the most negative days in the workweek.
  • Sunday is noted as the worst-performing day, with an average price decline of 1%.
  • Bitcoin's performance on recent Mondays:
    • Feb. 17: -0.31%
    • Feb. 24: -4.6%
    • March 3: -8.5%
    • March 10: -2.6%
  • Bitcoin has seen a 30% decline from its all-time high in late January, coinciding with a 10% drop in the S&P 500.
  • S&P 500 also recorded three consecutive Mondays of losses.

Currently, Bitcoin is trading 1.4% higher over the last 24 hours, while S&P 500 futures are slightly negative.