Daily Crypto Analysis

The natural ebb-and-flow of price, has replaced the bullish moves seen through October and early November

It looks like crypto isn’t correlated to traditional markets, at least not during this past session.

Investors aren’t ready to give up on equities yet.

One of the big factors contributing to bitcoin’s expansion over gold is that millennials are becoming more knowledgeable of the investing world.

Last week, inflation data exceeded analysts’ forecasts and jumped by a good margin. This spooked investors who sold risk assets, and it saw major US equity indexes break a 5-week winning streak.

China, once again has stopped Bitcoin in its tracks.

Another ATH, this time $69,000 holds the top spot.

Yesterday I mentioned that some investors in traditional markets took profit off the table due to inflation data about to come out. It came out, and it turns out it’s the highest in about three decades.

If you’re trading traditional assets, you’ll notice a slight pullback, maybe just a pause, from the incessant bull run we’ve been on.

The crypto market as a whole, has registered a new ATH in total market cap, exceeding $3T

It’s another day and another flurry of all-time highs.

Bitcoin is up 0.7% on the day, following on from yesterday’s gains of 6.7%, to trade a new high of $68,568