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BITCOIN IS DOWN TO THE LOWEST LEVEL SINCE JULY 2021

you know the fundamental thesis for bitcoin and Ethereum which is sort of it's more than 60 of the total value in crypto assets is that they increasingly move in correlation with stocks and other risk-on assets most notably the NASDAQ except for the fact that they tend to trade in more exaggerated volatile trading periods and of course, the crypto market never closes so you'll see trading over the weekend now since the following sort of the f.o.m.c.'s meeting on Wednesday and cryptocurrencies saw a drop on Thursday and that continued through the weekend since Thursday we've seen about 305 billion dollars move out of the cryptocurrency market and during that time we've seen bitcoin hit its lowest point and as I say hit its lowest point it's actually happened the within the last hour so investors traders, in particular, are still looking for the bottom at least in this sort of trading cycle and it's obviously pretty tough to tell you to know because cryptocur...
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