Fundstrat
Crypto Market Cap Dips Below $1T as Celsius Pauses Withdrawals
Sean Farrell, Fundstrat Global Advisors head of digital asset strategy, joins "First Mover" to discuss his outlook on the crypto market as bitcoin falls below $23,000 and Celsius freezes withdrawals due to "extreme market conditions."
Why This Crypto Winter Might Soon Be Over
Bitcoin's 90-day correlation with tech stocks, in contrast to the 2018 sell-off where BTC was not correlated with tech stocks at all, suggests the bottom is not necessarily where the marginal crypto native seller capitulates, but where the marginal legacy macro seller becomes exhausted. Fundstrat's research suggests BTC is much less likely to experience a prolonged crypto winter for this reason. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Is Bitcoin’s Rally Over?
Bitcoin is trading around $48,000 and is roughly flat over the past 24 hours. Still, the cryptocurrency is up 13% over the past week as buyers continued to defend lower support around $40,000, but is the rally over?
