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#Kobeissi Letter

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Wall Street’s Black Friday Sparks Fears of a 2022-Style Crypto Winter
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Wall Street’s Black Friday Sparks Fears of a 2022-Style Crypto Winter

Key Highlights The Kobeissi Letter reports that the odds of a Democratic sweep in the upcoming U.S. mid-term elections surged by 7% over two days to a record 72%, intensifying macroeconomic market pressure. Bitcoin remains down more than 30% from its prior peak of $126K, slipping below $80K amid tech-sector sell-offs, AI bubble concerns, and ...