Crypto Daily – A lot of negative news and sentiment is still beating down upon the crypto market. On Thursday it was hotter than expected inflation, plus the SEC going after yet another crypto infrastructure provider. However, bulls are continuing to push the $BTC price towards a new uptrend, while the crypto market in general is showing good signs of recovery.
Negative news keeps the lid on the $BTC price
Inflation showing a slightly bigger increase than expected, and the SEC going after digital assets market maker CumberlandDRW – these are the new supposed negatives which will keep the lid on the Bitcoin price, as well as on the crypto market in general.
Market sentiment for crypto has dipped further into the Fear according to Alternative.me Fear and Greed Index, purportedly showing that investors are suitably worried about the future of digital currencies.
