Crypto Confusion: Bullish Signals, But Prices Drop

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Crypto market experts are beginning to question why assets continue to sell off when there have been so many bullish catalysts.  

Crypto markets are down again today, with total capitalization falling back to $2.8 trillion, which is exactly where it was in March 2024, long before the most pro-crypto administration in history was in the White House.

“We’ve just seen the most bullish catalysts in the history of crypto in a single month, but the spooky macro conditions are suppressing positive market reactions,” he added.

He observed that the US government has shifted from being “adamantly hostile against crypto” to being “not just neutral but “openly pro-crypto.”

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