Three Reasons To Believe The Crypto Bottom Is Behind Us

Jonathan Hobbs

5 days ago4:48 mins

Three Reasons To Believe The Crypto Bottom Is Behind Us

This year has barely started and it’s already been good for crypto, with the overall market up about 30%. And, sure, there are caveats here (not to mention a chance of volatile pullbacks in the short term), but when I look at the bigger picture, I see three reasons to believe the crypto market has already bottomed out.

1. It's seen a lot of pain, and appears to be rebuilding.

The market was massively over-leveraged last year. And it wasn’t just retail investors who were trading on margin – i.e. using borrowed money to invest. Giant crypto funds like Three Arrows Capital (3AC) and (https://finimize.com/content/Q29udGVudFBpZWNlOjUyMDk=/what-just-happened-binance-

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