Bitcoin is officially in a bear market: What’s next for crypto
00:00 Speaker A
So let’s dig more into crypto specifically. So Bitcoin trading below 100,000 today. You can see just over 96,000 a coin. It is officially in a bear market because it has fallen 20% from its last all-time high in early October. Let’s bring in Ines Ferre here because of course, she’s been watching it not just over the past several days, but all this year for the past several years. And Ines, do we know what is really driving this recent bout of selling?
00:39 Ines Ferre
Well, we know what’s not driving a rally in in crypto right now and that’s very important because on October 10th, you had that liquidation event which spooked investors, but you’ve also had long-term holders, whales that have been…
