Wall Street Analyst: Bitcoin's Resilience Amidst Sell-Off and Potential Outperformance in Recessionary Environment
In a recent analyst note by Mike Colonnese, CFA, the focus shifts to the recent developments in the Bitcoin (BTC) market and its implications for the future. The study details BTC's reactions to significant sell-offs, th...
The study details BTC's reactions to significant sell-offs, the reasons behind the previous week's sharp decline, and prospects for BTC in a recessionary environment....
Read More: Wall Street Analyst: Bitcoin's Resilience Amidst Sell-Off and Potential Outperformance in Recessionary Environment
Original source
Read on CryptonewsRelated market context
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Bitcoin’s Worst Week Since FTX Collapse Revives Wall Street Bottom-Calling Habit
Bitcoin rebounds from below $60,000 after worst week since FTX collapse, reviving Wall Street bottom-calling. Over half of supply...
SpaceX IPO Puts 18,712 Bitcoin Treasury on Wall Street’s Radar
SpaceX’s historic IPO drew fresh attention to one of the largest bitcoin positions held by a public company. SEC filings show 18,7...
Wall Street is moving past crypto pilots and deeper into Ethereum, says Etherealize founder
In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infr...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...