Bitcoin's Sell-Off Continues: What's Next for the Cryptocurrency?

1 min read
Source: CoinDesk
Bitcoin's Sell-Off Continues: What's Next for the Cryptocurrency?
Photo: CoinDesk
TL;DR Summary

CoinDesk Indices' Todd Groth discusses the recent sell-off in the cryptocurrency market, with the Bitcoin Trend Indicator turning neutral on Jan. 18 and Bitcoin falling about 4.5% to $39.5k. The CoinDesk 20 Index has seen significant trading volume growth, and over the past 3 months, it has outperformed bitcoin and ether, driven by smaller altcoins like Solana, Avalanche, and Cardano.

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