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Wintermute Sounds the Alarm: Bitcoin Draws Safe-Haven Flows as Altcoins Tumble

Wintermute Sounds the Alarm: Bitcoin Draws Safe-Haven Flows as Altcoins Tumble

Photo: Crypto Economy

TL;DR Wintermute identifies $82,500 as a critical level for Bitcoin as macroeconomic uncertainty puts pressure on digital assets. Altcoins face heavier selling, while investors favor Bitcoin and selected large-cap cryptocurrencies amid declining liquidity and rising market correlations. The October 28 Federal Reserve meeting could trigger a breakout from Bitcoin’s current trading range, with inflation, technology ... Read more

Source: Crypto Economy

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