Bitcoin sell-off sign of market revising from ‘excessive optimism’

Bitcoin (BTC-USD) continues to sink in its sell-off since hitting record highs in October, the cryptocurrency hovering just above $80,000 per token earlier this morning. November is on track to become the digital asset’s worst trading month since 2022. Edward Jones Senior Global Investment Strategist Angelo Kourkafas comments on whether investors should be concerned about the crypto market’s troubles spilling over into equities (^DJI, ^IXIC, ^GSPC). At the time of this video’s posting, since airing, bitcoin is hovering just above $83,000. To watch more expert insights and analysis on the latest market action, check out more Opening Bid.