Morning Minute is a daily newsletter written by Tyler Warner.
The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt
And check out our daily news show ‘FOMO HOUR’ covering all of the top stories and market action. GM! Today’s top news: – Crypto majors rebound despite Black Monday fears; BTC at $82k – Bitcoin ETFs see $228M in net outflows this past week; ETH ETFs lost $320M – Circle plans to expand into 40 emerging market countries – Papertrade leads onchain protocols in revenue on week with $30M – Trenches index hits “cold” for first time since April 📈 Crypto Rebounds as Black Monday Looms Thirty-nine years ago today, the Dow fell 22.6% in a single session.
Nobody saw it coming, and the notorious “Black Monday” turned into trading history. Crypto enters that anniversary bruised but not broken. Bitcoin sits at $82,161, down just 1.4% on the week and actually up about 1% over the last 30 days.