Is the Bull Cycle Over with Retail REKT & Institutions’ Taken Profit? – Investing.com India

Is the Bull Cycle Over with Retail REKT & Institutions’ Taken Profit? – Investing.com India

price keeps above $37,000, Ether around $2,450, and the total cryptocurrency market cap at about $1.6 trillion, still down more than 35% to 45% from their ATHs recently.

While the market has recorded an uptick from its lows, the market is cautiously bullish, with some seeing it as the beginning of a bear market.

Risk currently persisting in the market revolves around clarity with China restrictions, which are not limited to the crypto sector and comes just ahead of the politically sensitive 100th anniversary of the ruling communist party on July 1st.