Crypto-related stocks like Robinhood, Coinbase, and Strategy continued to sport sizable losses on Monday.
Bitcoin bounces 7% from lows, but crypto remains under pressure in U.S. trade
Crypto-related stocks like Robinhood, Coinbase, and Strategy continued to sport sizable losses on Monday.
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While historically linked to significant price increases, the golden cross is not a reliable standalone indicator.
The broad-based CoinDesk 20 (CD20), an index tracking the largest tokens by market capitalization, minus stablecoins, lost 2.7% in the past 24 hours.
As the bitcoin price breaks records and institutional demand ramps up, the once-theoretical endgame of hyperbitcoinization is starting to look more like a macro trend than just a crypto dream.
XRP’s 4% drop highlights market uncertainty as global trade tensions and liquidations weigh on investor sentiment.