The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Cryptocurrency analyst, Saxo Bank
Summary: This week the entire crypto market cap fell by 2% to around $120 billion. Additionally, Bitcoin and Ethereum fell around 2% and 6% respectively. Bitcoin is consolidating between $3.5k and $3.8k