FudPanic

Back to the feed

Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'

CoinDesk BTC Bearish

Bitcoin and crypto equities fell as an AI stock selloff reversed the post-election rally, though crypto held up better than tech. A liquidation wave of about $1 billion hit leveraged positions. A Wintermute trader described the outlook as 'glass half full'; the snippet gives no further detail on price levels or next steps.

Read the full story on CoinDesk