The crypto market restored some grace early Tuesday as analysts stated supply overhang issues stemming from defunct exchange Mt. Gox’s prepared circulation of 140,000 BTC are exaggerated. Bitcoin traded above $61,000, having hit a low of $58,580 on Monday. The wider market gauge of the CoinDesk 20 Index (CD20) bounced to 2,083 points from 2,020. Still, BTC, a liquidity proxy for macro traders, is down practically 10% for the month, starkly contrasting with a 5% gain in Wall Street’s tech-heavy index, Nasdaq. The varying trajectories may foreshadow a tighteningup of liquidity conditions in monetary markets and be a bearish si
