Tuesday June 21, 2022 – It is Crypto Tuesday! If you have been paying any attention to the Crypto market this past week – you watched the price of Bitcoin – and other tokens – fall like a rock, only to bounce back a little over the last several days.
Is this a Dead Cat Bounce? Or a real rebound. For those not familiar with the term “Dead Cat Bounce,” here is the definition from merriam-webster.com: a brief and insignificant recovery (as of stock prices) after a steep decline.
Attorney Steven A. Leahy looks at the recent Cryptocurrency market swings on Today’s Tax Talk.