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BTC Strikes Back

A sad day for bears as the crypto markets got back to pumping

Jack Inabinet
Nov 15, 2023 • 1 min read

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Crypto Bounces Back: Last Thursday, crypto pumped on news that BlackRock was filing for a spot Ether ETF, but tokens have been caught in a downtrend since! Today, crypto majors are putting in defiant green candles and retracing yesterday’s sizable losses.

Wait, are we back again? Bears can’t even get 24 hours of fun! pic.twitter.com/OVRJGyyiRM

The sentiment of crypto market participants remains highly volatile. Yesterday, Crypto Twitter was awash with despair as markets dipped and leading alts retraced, but today, with Bitcoin threatening to set yet another year-to-date high, the atmosphere is one of excitement!

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Written by Jack Inabinet

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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.