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The crypto market is still stuck in neutral, but prices should begin reflecting the improving fundamentals once the dust settles.
It looks unlikely that crypto will decouple from tech stocks this week as both fall to pressure stemming from the Fed policies.
The broad market is up for the week, but macroeconomic news proves crypto isn’t completely decoupled from equities.
•  Bitcoin (BTC, Tech/Adoption Grade “A-”) is up about 1% today and has recovered back up to about $32,500. •  Ethereum (ETH, Tech/Adoption Grade “A”) is roughly 2% higher, climbing back above...
Trading over the week was muted but showed some positive signs for the short term.
BTC and ETH led the broad market higher this week, though we still can’t rule out more potential downside.
•  Following yesterday’s retracement, the market dropped even further today; if yesterday made for a good buying opportunity, today it’s an even better discount. •  Bitcoin (BTC, Tech/Adoption...
“It took about 10 years from when the World Wide Web [started] … to when my mother started hearing about email.” — Joseph Lubin, Ethereum founder Do the wild, unpredictable price swings of...
The crypto market has seen substantial volatility in the past week, with Bitcoin leading a late-week bounce after a significant sell-off.
A sideways correction isn’t the most common event, but it can affect your portfolio.