
Just How Bearish Are the Bitcoin and Crypto Communities?
The Breakdown
00:00
What's Going Risk Off?
Last week's c p i report was ugly as expected, yet the market reaction was strange. On the heels of two sharp weekly declines, the s and p 500 rose three point eight % last week to close it yet another record high. Most digital assets, outside of a few outliers, are now down 30 to 50 % from their november peaks. Even as equities bounced hard, digital assets continued to struggle.
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