JPMorgan says crypto market correction appears driven by retail selling of bitcoin and ether ETFs
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November — the main driver of the latest crypto market correction.
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November — the main driver of the latest crypto market correction.
Bitcoin fell below $86,000 after the delayed US jobs data pointed to persistent inflation, chipping away hopes for a December rate cut.
DATs have taken a significant hit in the latest market selloff, with both the value of their crypto holdings and stock prices collapsing.
Investors participating in the round include Sequoia, CapitalG, a16z, Paradigm, Anthos Capital, and Neo, according to TechCrunch.
After a prolonged downturn, the NFT market is showing strong signs of recovery with trading volumes increasing by 150% month-over-month.
Notable trends:
- Blue-chip NFT collections regaining value
- ...
As we navigate the evolving crypto landscape, here are the top trading strategies to consider:
1. **Dollar-Cost Averaging (DCA)**: Invest fixed amounts regularly
2. **HODL Strategy**: Long-term holdi...