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…