BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB By Cointelegraph

Bitcoin’s (BTC) tight correlation with the legacy markets continues to be a drag, especially as the United States equity markets remain in a firm bear trend. The is on track for its eighth consecutive negative week and the S&P 500 is close to plunging into the bear market territory.

Celsius (CEL) CEO Alex Mashinsky believes that the short sellers on Wall Street are looking for any weakness in crypto companies to “short and destroy.” Mashinsky blamed “the Sharks of Wall Street” for bringing down (LUNA) and trying to destabilize (USDT) and Maker (MKR) and “many other companies,” including Celsius.