Crypto Markets in Limbo as Bitcoin Falls Below $55,000
CryptoNewsTerminal Staff06 Aug, 2024
Crypto Markets in Limbo as Bitcoin Falls Below $55,000
Fisher 8 Capital’s CIO, Hedgehodg, recently commented on the current state of the cryptocurrency market, particularly Bitcoin’s recent dip below $55,000. Hedgehodg emphasized that Bitcoin’s ability to regain momentum and surpass its previous high would signal a bullish trend for the overall crypto market. However, given the current uncertainties, volatility remains the only certainty. While it’s challenging to predict the exact direction of the market, Hedgehodg believes that volatility will persist in the near term.
