Archive: trading leverage

Investors Overreact to Crypto Dips

By Adam Sharp on November 19, 2021

Bitcoin and DeFi (decentralized finance) tokens have been on an absolute tear over the last year. One year ago today, bitcoin’s price was around $18,600. Today it’s above $58,000. Ethereum was around $500 this time last year, and it’s over $4,000 today. Solana (SOL) is up about 100x from this time last year. Over the past week, however, there’s been a sizable correction. And a lot of people on Twitter are acting like the…