Bitcoin traded below $30K on Monday
Delta Blockchain Fund founder Kavita Gupta explained on Monday why she believes a “a crypto winter is here” as bitcoin traded below $30,000.
Speaking on “Mornings with Maria” on Monday, Gupta noted that “we are seeing one of the biggest dips in the [crypto] market in a long time” as prices have been “slashed down” from all-time highs.
She pointed out that bitcoin and ethereum are currently trading at about half the price of their highs and that is why she believes “a crypto winter is here.”
Gupta also noted that the crypto market is currently experiencing a “correction” from its “crazy speculative highs,” warning that “it looks like it’s going to stay.”
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