Crypto rebounds fast, mirroring 2016 post-halving bull market

Yesterday was as wild as many expected, but the crypto market nearly gave traders whiplash with how quickly it rebounded. So, in today’s episode, we go through one of the busiest 24 hours for the finance world and how it affected crypto, from rumors and accusations to cold, hard stats and analysis. It is a mixed bag of news today, and you’ll be pleased to know there are far more positives than in yesterday’s episode!Further reading:Bitcoin falls to ‘extreme fear’ on Aug. 5 as $168M exits ETFsCrypto market crash triggered by ‘aggressive’ selling by Jump Trading: ReportBitcoin decline is similar to the start of the 2016 bull run — Peter BrandtEurope’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — FilingCathie Wood’s ARK resumes Coinbase buying as BTC drops below $50KJustin Sun denies liquidation rumors amid market turmoilRobinhood suspends 24-hour trades for 8 hoursSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.