Coinbase Institutional 🛡️ (@CoinbaseInsto): Crypto Corrects as Investors De-risk.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-80Negative
Crypto Corrects as Investors De-risk. This week, the crypto market (represented by COIN50) fell -14.49% with BTC down -14.41%. We believe this selloff was driven by fallout from the ByBit hack, little technical support between $80K-$95K, and a lack of positive near-term catalysts.