NEAR - Confidential swaps across 35+ chains Sponsored Friend & Sponsor Learn more

Home, Read, Article

Is Crypto Getting Too Bullish?

Crypto is going all-in on visions of new all-time highs.

Jack Inabinet
Feb 29, 2024 • 2 min read

Open in ChatGPT Open in Claude View as Markdown

Subscribe to Bankless or sign in

Bitcoin dips after three days of massive gains! What ecosystems played catchup today, and are there signs the rally may be overextended?

Despite taking a break from pumping, Bitcoin’s sharp rally over the past three days positions it for an all-time high monthly close should BTC manage to finish out the day above $61.3k.

While this bout of sudden strength in BTC has caused ETH/BTC to trade lower in recent days, today’s weakness allowed Ether to shine through, with the Ratio increasing by 2%.

Kostenlos abonnieren, um weiterzulesen

Unterstütze die Bankless-Bewegung
Zugriff auf Tausende von Artikeln
Komplettes Archiv aller Bankless-Episoden
Starte kostenlose Quests im Airdrop Hunter
Tägliches Alpha direkt in dein Postfach

Bereits abonniert? Anmelden

Open in ChatGPT Open in Claude View as Markdown

Sponsored NEAR Confidential swaps across 35+ chains

Written by Jack Inabinet

932 Articles • View all

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.