Insights Pulse Insights

Jan 18

Crypto Markets Declining, Bitcoin Back Under $41K. Will FUD Come in and Save the Day? 18-01-24, 20:25


📉 #Crypto continues seeing concerning declines with the totality of market caps we track now down -7.5% in the past week. The #BitcoinETF approvals increasingly look to be a classic 'buy the rumor, sell the news' event, but it is still early. If traders begin to panic, their big sell-offs and #bearish sentiment may trigger a bounce. We will update on sentiment activity shortly.


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Jan 10

Are Altcoins the Benficiaries of Disappointed Bitcoin Traders After SEC's Fake Approval Announcement? 10-01-24, 01:48


👀📊 All eyes of the #crypto community shifted toward $BTC after the #SEC's false announcement of #BitcoinETF approvals. However, it has been #altcoins that have quickly seen major surges despite #Bitcoin declining as low as $45.4K.


Though a multi-day #altcoinparty would please many who have been trading into more speculative assets today, remember that a lack of confidence in #cryptocurrency's top asset would inevitably lead to the downfall of many market caps that rely on $BTC's price to stay steady. 🙏

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