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Market Wrap: Crypto Traders Reduce Leverage, Selling Pressure Subsides

Analysts expect cryptocurrencies to stabilize given signs of healthier market conditions.

Updated May 11, 2023, 5:05 p.m. Published Jan 7, 2022, 9:20 p.m.
Traders on the floor at the New York Stock Exchange, New York City, USA, 2nd June 1981. (Photo by Barbara Alper/Getty Images)
Traders on the floor at the New York Stock Exchange, New York City, USA, 2nd June 1981. (Photo by Barbara Alper/Getty Images)