Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto

The Bitcoin Bears are Back in Town?

By Official Okex | Okex Announcements | 26 Jan 2021

brown bear

The Bears are Back?

A general feeling of weakness pervades the crypto market. Bitcoin is down 9% and the total crypto market cap fell below 1 trillion USD. One thing that could be affecting the markets is that Reddit and Discord groups banned together to squeeze GameStop short sellers and quadrupled the price of GameStop stock. Even the traditional markets aren't what they used to be. Even the Altcoin gains are slim:

  • Theta is the big winner up 6%
  • XPR 5%
  • INX4%

To read more about the changing sentiment check out the OKEx Academy and see what's going on. 

OKEx Logo

How do you rate this article?


Official Okex
Official Okex

I am a content marketing Manager for Okex.

Okex Announcements
Okex Announcements

OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology. OKEx provides hundreds of token & futures trading pairs to help traders optimize their strategy. We are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Our BTC futures trade have nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.