Join Our 2,000,000+ Community

Get Ember

more posts

January 17, 2022

December Market Correction

Bitcoin ended 2021 on a soft note, where the token saw a pullback starting from $57.2K and ending the month at $46.8K, a ~18% pullback. The pullback began after high inflation numbers and changing monetary policy. Over the course of the past 18 months, we have seen excess liquidity in the market buoyed by Fed policy. This led to both a booming stock market and very strong crypto market, with strong capital inflows. But with the change in outlook, tightening liquidity, and an aggressive Fed that will be increasing rates to counter inflation, we have seen a macro pullback in the market, especially from high growth/high risk investments. Bitcoin and crypto may be a play on currency debasement in high inflationary environments, but it has not been able to break the correlation to the broader market.

Harsharn Singh
Investment Associate | Ember Fund

Thank you for reading!

Don't forget to come into the app tomorrow to continue learning about crypto! 

Enjoying Ember?



Don't miss out on our latest posts

June 20, 2024

New Mining Withdrawal Option! 💸

Ember partnered with popular gaming platform Roobet.com as a secure & fun method for mining withdrawals! This feature comes with a HUGE set of upgrades to our withdrawal process.

June 11, 2024

May 2024 Recap Newsletter

It's time for the May 2024 Recap Newsletter! Here are the product highlights and milestones from the past month.

June 07, 2024

May Community Stats

We're thrilled to announce the Ember community's mining & reward stats for the month of May!

Download Ember