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Bitcoin Magazine

Kraken's Dave Ripley: "That Was the Bear Market" and Bitcoin Is "On Our Way Out of It"

By Bitcoin Magazine

Is the Bitcoin bear market already over? Kraken co-CEO Dave Ripley says the move back above $80K makes him think "that was the bear market," and that it may be the softest bear market in Bitcoin's history. He explains how retail and institutional customers are approaching Bitcoin right now on the Bitcoin Magazine…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Bear market

A period in which market prices fall substantially, commonly defined as a drop of 20 percent or more from a recent high.

Bear markets often signal economic worries and reduce the value of investments.

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