Trader Ansem Says Crypto May Have Topped Before U.S. Stocks
Photo: TokenPost
Crypto trader Ansem said crypto may have peaked ahead of U.S. stocks in the current cycle, a divergence that could leave digital assets exposed if equities begin a broader correction. Ansem said the recent crypto rebound may be a countertrend move. If U.S. stocks are only starting a larger pullback, he said, digital assets could see another decline. He also pointed to artificial intelligence and U.S. stock performance as major drivers of risk appetite during this cycle. That influence leaves open the possibility that crypto and traditional markets do not reach their peaks at the same time.
Source: TokenPost
