Hello, Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap this year’s most dramatic moments in cryptocurrency markets – and highlight the key lessons from this fast-evolving corner of global finance.
Bitcoin quickly advanced from $30,000 to $40,000 within the first five trading days of January – an impressive gain that fueled even more market excitement.
Sure enough, by the end of January, bitcoin had declined about 30% from a January high of near $40,000.
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Damanick is a crypto market analyst at CoinDesk where he writes the daily Market Wrap and provides technical analysis.
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