Crypto Markets Today: Federal Judge Releases Bankman-Fried on 0M Bail – CoinDesk

Crypto Markets Today: Federal Judge Releases Bankman-Fried on $250M Bail – CoinDesk

Bitcoin (BTC): The largest cryptocurrency by market value was recently trading at $16,779, down 0.06% in the past 24 hours. The bitcoin price dropped as low as $16,566 midday Thursday before erasing the losses with a V-shaped recovery. Analysis of past data by Delphi Digital shows that bitcoin tends to lead major stock market bottoms by at least six weeks. “History shows that, on average, BTC has topped ~48 days and bottomed ~10 days before the SPX [S&P 500],” Delphi’s strategists, led by…


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