Fintech

Here’s how bitcoin is treading water as investors look elsewhere

Nonfungible tokens spiked in the spring, and are surging now, drawing money away from bitcoin

Friday 3 September 2021 at 07:29

The late summer lull that overtakes Wall Street is even making bitcoin drowsy.

Bitcoin's price stalled right at $50,000 during its August rally. On 1 September, the cryptocurrency settled at $48,279.42, before briefly crossing $50,000 a day later.