/crypto
zigor
·
a year ago
Cryptocurrency market in August: decrease in volatility and liquidity problems
August brought stagnation and a decrease in volatility to the cryptocurrency market. The reason is the slowdown in the growth of major IT companies in the United States, which has caused liquidity problems.
Spot trading volumes in all directions have also decreased. This indicates a decrease in investor activity.
Perhaps we are on the eve of a new cycle - investors are waiting, and the market is accumulating strength before the next wave of growth. I would like to hear your opinion on this matter.
The cryptocurrency market is cyclical, after a decline, there is always a rise. It is important to be patient and not give in to panic. It is better to accumulate assets at low prices.
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