We can safely say that the month of January ended better than it started.
Bitcoin led the recovery as it climbed back into the $43K level. Despite all the FUD around the Sells the News ETF event! And the fact that Greyscale is putting so much Bitcoin in Coinbase (presumably to sell it).
Ethereum also posted a strong gain after Standard Chartered analysts deemed “inevitable” the SEC’s approval of Ethereum-based ETFs.
Unsurprisingly, the Crypto Fear and Greed Index is once again on the Greed side…
Is this good? Gordon would say so.
Well it is good for sellers. Let’s see what happens to FOMO buyers!
On the stock front, META absolutely crushed it this week. Like we have said before… Don’t bet against Zuck!
Two events to keep an eye on: BTC Halving, and the FED announcing their rate cuts.
Seems like there is a rhyme from our previous editions?