Bitcoin On Track To Extend Record Losing Streak

Bitcoin has lost ground for eight consecutive weeks for the first time in history, and will extend its losing streak if it doesn’t reclaim $30,300 in the next three days.

Ether is trading at the lowest level relative to Bitcoin in seven months, a sign traders may be flocking to so-called digital gold and away from the world computer.

The ETH/BTC ratio is at 0.061, the lowest since October, as ETH has slumped 37% in the last 30 days, compared with BTC’s 23% slide. ETH is trading at $1,760,…


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