BTC's ETF Hangover
It's been a tough day for Bitcoiners
Enter Ether: Notorious countertrade indicator Jim Cramer may have tweeted that BTC's top is in, but the statements have done little to bolster price, with BTC down 6% on the day. Cramer has spoken, so why aren’t we pumping?
Bitcoin has demonstrated tremendous weakness against alts since dominance peaked on Tuesday, with BTC falling a further 4.6% against the total crypto market cap, excluding BTC, today, for a total loss of 12.6% over the last four days.
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Jack Inabinet
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
