Issue 215 – Will Crypto Follow Stocks Higher?

May 17, 2022

It was an impressively bullish day for stocks, but not so much for crypto. So what’s happening here? Is crypto decoupling from US stocks or will there be a delayed reaction?

Today, I discuss the strong close from the S&P 500 and what it means for crypto. I also share the latest on the Tether dominance (USDT.D) chart and where the next signal could materialize.

Plus, updates on DXY, BTC, ETH and a pending setup from UNI.

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Justin T Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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