Bearish takes on macro markets abound as Bitcoin heads toward $38,000.
showed BTC/USD hitting its lowest levels in over a week Sunday after volatility returned overnight.
Despite the"out of hours" trading environment, the trend was clearly down for the largest cryptocurrency, as the mood on global equities wobbled among analysts. Should a bigger TradFi correction set in, an already shaky crypto market could fare just as badly, some argue — at least to begin with.
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