ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.
Friday the 13th is considered the unluckiest of days due to various superstitions and indeed that date has historically been bearish for the S&P 500, Wall Street's benchmark equity index. Bitcoin [BTC], however, has historically performed positively on this dreaded date. Data tracked by crypto services provider Matrixport show since 2010, bitcoin has risen 1% on average on Friday the 13ths, with prices then surging an average of 14% and 66% in one and three months, respectively, following these peculiar Fridays.
Meanwhile, bitcoin's dominance continues to climb