CoinJournal
The crypto market spent the greater part of last week trading consistently lower. Yearly profit-taking is a major reason for price declines as institutions close positions for the year, although the Fed’s hawkish stance at the Dec. 18 policy meeting also played a role. Open Interest in major cryptos showed weekly declines…
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Weekly Price Analysis: Yearly Selloffs Push Prices Lower
The crypto market spent the greater part of last week trading consistently lower. Yearly profit-taking is a major reason for price declines as institutions close positions for the year, although the Fed’s hawkish stance at the Dec. 18 policy meeting also played a role. Open Interest in major cryptos showed weekly declines…