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Crypto markets have been stuck in a rut for the past couple months, with action this week representing proverbial “steps back” from what we saw for the seven days ended July 9. That’s on the...
Look for these catalysts to light the fuse on cryptos in 2023 and beyond.
Here’s what caught our team’s attention just a few days into the new year.
The expected pullback was rather short, but does that mean that it’s smooth sailing from here on?
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.