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Bitcoin's Sell-Off Continues: What's Next for the Cryptocurrency?

1 min read
Source: CoinDesk
Bitcoin's Sell-Off Continues: What's Next for the Cryptocurrency?
Photo: CoinDesk
TL;DR

CoinDesk Indices' Todd Groth discusses the recent sell-off in the cryptocurrency market, with the Bitcoin Trend Indicator turning neutral on Jan. 18 and Bitcoin falling about 4.5% to $39.5k. The CoinDesk 20 Index has seen significant trading volume growth, and over the past 3 months, it has outperformed bitcoin and ether, driven by smaller altcoins like Solana, Avalanche, and Cardano.

Topics:businesscryptocurrency-market-analysis#bitcoin#coindesk-indices#cryptocurrency#cryptocurrency-market-analysis#market-performance#trading-volume
Share this article
  1. Vibe Check: The Sell-Off Continues: CoinDesk Indices' Todd Groth  CoinDesk
  2. Why Bitcoin's 'relentless' selling will end in weeks  DLNews
  3. Bitcoin down 20% since ETFs approval, but may still see record high this year  MarketWatch
  4. Bitcoin price risks $30K over 'supercharged' inflation — Arthur Hayes  Cointelegraph
  5. These two drivers will fuel Bitcoin's rebound: 'It's happened often before'  DLNews

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