Cryptocurrency Bitcoin has had another disappointing month, down nearly 15 percent, according to data provided by UK-based AcornMacroConsulting.
It was the world’s worst-performing asset in August, at the bottom of the chart. Brazil’s Bovespa stock index topped the list after a sharp rebound in August, rising nearly 9% over the past month.
The U.S. dollar index (DXY) continues to dominate. The DXY index, which measures the greenback’s strength against other global fiat currencies, rose 2.8% in August. India’s broad-based stock market index, the NIFTY 500, also rose more than 2.1 percent this month.
The Tokyo Stock Exchange’s stock market index, the Nikkei 225, has also been in the green for the past month.
The S&P 500, one of the largest U.S. stock market indexes, fell 2.4% for the month. The tech-heavy Nasdaq 100, which is highly correlated with bitcoin, fell 3.6% in August.