The Crypto Rally Just Got DESTROYED... Bull Trap or Buying Opportunity?

Bitcoin crashes towards $83,000 as the crypto market turns red, with altcoins including NEAR, ZEC, HYPE, LIT and VVV suffering sharp sell-offs. Is this another Bitcoin bull trap, the beginning of a larger crypto crash, or the buying opportunity traders have been waiting for?

Today on Market Mates, Greeny and Craig break down the latest Bitcoin price action, Ethereum, altcoin market trends, memecoin trading opportunities and on-chain narratives. We explore the impact of rising US Treasury bond yields, a strengthening US Dollar (DXY), falling gold and silver prices, Iran tensions and oil markets on Bitcoin and broader risk assets. We’ll also cover institutional Bitcoin ETF inflows, Michael Saylor’s latest BTC purchases, the Bitget hack, QNT’s recent outperformance and the latest cryptocurrency news.