Crypto Weekly (Sept. 25th, 2019)

Sep 25, 2019 • 4 Min Read

Weekly recap...

  • The crypto market crashed and no one really knows why
  • BTC SegWit adoption jumped to >50% = network throughput improving
  • With BTC below $9.3k support level, the next key support is now $7.5-8k

Center Story

1. The Four Horseman visited crypto

The Four Horseman of a crypto flash crash seen passing through

This was a rough start to the week for crypto brought on by a confluence of "risk off" events, but it's hard to say what exactly sparked the crash.

Though, our Bitcoin Misery Index had been showing an overbought market and furthermore, our own Tom Lee has di...

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