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Patrick Sanders

Down 66% From Its All-Time High, Should You Buy the Dip in Bullish Stock? Cathie Wood Is.

Bullish Cathie Wood Ark Invest Crypto Coinbase

Cryptocurrencies are going through a rough patch, with many names down in recent weeks. Bitcoin (BTCUSD) prices are down more than 21% in the last month, while Ethereum (ETHUSD) dropped 25% and Cardano (ADAUSD) collapsed by more than 36%.

Amid this backdrop are companies that are in the crypto business, such as Bullish (BLSH). But the crypto exchange, which targets institutional investors, is having problems of its own. Bullish stock is 66% off its all-time high set shortly after its August initial public offering.

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