1 min readAre we seeing a normal dip during a bull run, or just the start of a correction?
Are we seeing a normal dip during a bull run, or just the start of a correction?
Crypto saw a major correction last weekend, followed by a week of hesitancy. We noticed a clear trend of reduction in net flows into the spot bitcoin ETFs, dropping significantly over the past four weeks. Meanwhile, the fourth halving, a major event for Bitcoin, is just hours away: what could be next?
On the macroeconomic front, the latest FOMC meeting has provided further confirmation that Chair Powell's stance is to allow incoming data to inform policy decisions, with a focus on potential inflation risks. Geopolitical turbulence is also weighing on Bitcoin prices.
