Is the crypto bull run over?
This year, Bitcoin hit an all-time high – spirits soared as we had a presidential regime that supported crypto (and even launched a meme coin)! Portfolios pumped and Twitter timelines once again filled with laser eyes as bullish calls for “$200k being the next stop” and “$1m guaranteed this bull run” headlines emerged. But just as quickly, the mood shifted and since then, prices have slumped and many investors who bought at the peak are now looking at numbers in the red.
So what (the hell) just happened? And more importantly, is the bull run over?
Wait, what did just happen?
Let’s start with the (orange) elephant in the room: Trump Hopium. Markets were riding high on the narrative that a pro-crypto Trump administration could…
