Bitcoin becoming an 'asset class of sentiment.' So what's next?
Market Intelligence Analysis
AI-PoweredBitcoin is currently experiencing volatility as it struggles to regain momentum after a sell-off from its recent peak of $87,000. Experts are discussing the implications of this volatility and its status as an emerging asset class of sentiment.
Market impact analysis based on bearish sentiment with 76% confidence.
Article Context
Bitcoin (BTC-USD) is between a rock and a hard place as the cryptocurrency struggles to regain momentum and rebound from its sell-off since its record high reached in early October. The crypto asset is currently hovering below $87,000 per token on Tuesday morning. Raymond James CIO Larry Adam comes on the program, joined by Yahoo Finance senior reporters Jennifer Schonberger and Ines Ferré, to discuss the volatility materializing in bitcoin and crypto space. To watch more expert insights and analysis on the latest market action, check out more Opening Bid.
Analysis and insights provided by AnalystMarkets AI.