Wall Street

Bitcoin and Crypto Move into Bear Market As Job Cuts Pile Up

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The Street

By Rob Lenihan The cryptocurrency sector is in a bear market, analysts say, with regulators moving in at ‘lightening speed.’ And so where do we go from here? The cryptocurrency sector has been severely pounded in recent weeks, leaving investors wondering what will happen next. Industry analysts say they see a sector that is against the ropes with regulators preparing to–quite literally–lay down the law. ‘We’re in a Bear Market'”As major tokens like Bitcoin fell more than 50% from their all-time highs, we’re in a bear market,” said said Winston Ma, managing partner of CloudTree Ventures, Auth…

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