After weeks of weakness, the bank flagged a potential rebound in digital asset treasury companies as macro risks cooled and short sellers retreated.
B. Riley Flags Recovery Signs in Digital Asset Treasuries as BitMine Extends Ether Lead
After weeks of weakness, the bank flagged a potential rebound in digital asset treasury companies as macro risks cooled and short sellers retreated.
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Key moving averages remain crucial support levels as long-term investors trim holdings, adding pressure to the ongoing bull market.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
One trader noted that Fartcoin's face-melting outperformance is the "perfect metaphor" for the current times when even traditional assets trade like a joke.
Charlie Morris, founder of ByteTree, likens this gold rally to a "proper gold rush".