Bitcoin is officially 50% off its all-time high in November. It’s been a relentless decline, especially in the last 48 hours.
Today, I’m going to discuss what is fueling the selling, and what could provide some relief in the coming days.
I’ll also provide some context in the form of the S&P 500, and share an update on ETH.
Let’s get it!
The crypto market is reacting to the Fed and other central banks. Of course, there are other themes like Russia’s ban that are having an impact, but monetary policy is what’s driving the decline.
So let’s discuss that for a moment.
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