Archive: citi

Crypto Bear Market Continues Despite Relief Rally

By Vin Narayanan on July 22, 2022

Crypto Market Musings Relief rallies happen when a lack of bad news — or news that wasn’t quite as bad as investors expected — causes the markets to go up. And they typically take place during bear markets.  We usually don’t associate relief rallies with crypto. But I suspect that’s what we’re seeing right now. Bitcoin is trading above $23,000 as of this writing and is up 11.45% in the last…