Bull Market Pullback
Weekly Recap: Tokens flop, Uniswap Wells Notice drops.
Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
📊 Alts flail. Risk assets got brutalized this week, with a sharp decline on Tuesday morning followed by a leg lower on Wednesday from a seemingly hot inflation print and nothing but downside throughout the Friday session. What’s going on in markets, and is there any cause for concern?
Crypto markets ended the week with a sea of red as BTC and ETH fell. It was altcoins that bore the brunt of this drop, with popular tokens like TIA and WIF dropping high double-digit percentages.
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