The Pomp Letter
The Pomp Letter
Liquidations Catch Bulls and Bears
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To investors,

The bitcoin critics were having a field day over the weekend. As the price of the digital currency fell, along with the price of almost every asset in the industry, the critics were taking victory laps as if the entire market cap of the space had gone to $0. It would have been funny if they weren’t so wrong.

First, let’s touch on why the pri…

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