Big Decisions Coming for Fed, Crypto Traders are Holding on Tight: Santiment Bi-Weekly Report
March has been a somewhat frustrating month for traders. Every time a Bitcoin rally gets going and altcoins gain steam shortly after, a major down day from the S&P 500 occurs. And when a rally finally comes in tandem with a short US & global stock market bounce, some bad news comes from the Russia-Ukraine conflict or from the Fed.
Going back to the last 30 days of trade returns, it's a pretty slim percentage of crypto assets that have seen their market caps grow. Bitcoin is now over the 4-month mark since it made its all-time high back on November 10th. And at the time of this writing, the price has retraced -43.4% since that time. Ethereum has retraced just a little bit further, down -47.4% since its own all-time high the same day.
Chainbing (+216%), Waves (+177%), Thorchain
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