XRP Leads Crypto Majors Recovery; Bitcoin Rises Over $21K as Rate-Hike Concerns Wane

“The stampede for the exit door got overdone in the short term, leading to a short-squeeze,” Halley says. “It could also be a bear market correction as the stampede got over-overtone,’ he says. The moves this week could still turn out to be the result of a financial market genetically preprogrammed to buy dips in equity and bond prices, Halley said. The market is genetically programmed to buy dip dips, thanks to two decades of central bank largess, he says. The market could also also be in need of bear market corrections, he adds. The markets could also need to get back into its stride, he said. The markets need to be Source