Market Lull Shifts Focus to Fundamentals [Chartbook]

JAN 18, 2022 • 18 Min Read

Ashwath Balakrishnan + 5 others Kevin Kelly, CFAJason PagoulatosDuncan ReucasselJayden AndrewJoo Kian Ashwath Balakrishnan
DISCLOSURE: DELPHI VENTURES AND MEMBERS OF OUR TEAM HAVE INVESTED AND MAY HOLD POSITIONS IN TOKENS M

Market Follows Weak January Playbook

The new year picked up right where it left off at the end of 2021, with a vast majority of crypto assets struggling to maintain momentum as a wave of liquidations and bearish sentiment plagues the market. BTC and ETH have fallen ~8% and ~11% since New Year’s Eve, in line with the notion that January tends to be unkind to crypto investors; the two are both down roughly 30% over the last two months alone.

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    Ashwath Balakrishnan + 5 others Kevin Kelly, CFAJason PagoulatosDuncan ReucasselJayden AndrewJoo Kian Ashwath Balakrishnan