
Aggregating news
https://cointelegraph.com/news/crypto-treasuries-risk-50-downside-pipe-selling-pressure-cryptoquant
Organizations |
Target | Sentiment | Comment |
---|---|---|
Bullish | A sustained rally in Bitcoin is seen as the only likely catalyst to prevent further declines in crypto treasury stocks. | |
Bearish | Shares fell by over half in a single day once PIPE shares unlocked. | |
Bearish | Shares down 78% from peak, with potential further 55% drop as PIPE investors can sell next month. | |
Bearish | Shares fallen nearly 70% from high, implying potential 50% price drop from current level. |