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Title: [2024-07-23] What Is Driving Cryptocurrency Volatility? Post by: CoinTürk on July 23, 2024, 07:37:46 AM On Tuesday, July 23, the cryptocurrency market experienced a 1.38% drop in its total value, plummeting to $2.44 trillion. In contrast, the overall market volume surged by 23.35%, reaching $86.24 billion. This divergence between market valuation and trading volume highlights ongoing turbulence and active investor participation.
Read the full article here: https://en.bitcoinhaber.net/what-is-driving-cryptocurrency-volatility Title: Re: [2024-07-23] What Is Driving Cryptocurrency Volatility? Post by: programmer3666 on July 24, 2024, 01:22:22 AM On Tuesday, July 23, the cryptocurrency market experienced a 1.38% drop in its total value, plummeting to $2.44 trillion. In contrast, the overall market volume surged by 23.35%, reaching $86.24 billion. This divergence between market valuation and trading volume highlights ongoing turbulence and active investor participation. Read the full article here: https://en.bitcoinhaber.net/what-is-driving-cryptocurrency-volatility Honestly, The level of volatility lately is quite overwhelming, I feel the dynamics of the market trend are due to some regulatory changes in the crypto ecosystem from some developed nations across the globe. As of this moment, BTC is -2.28 % down and I believe other meme coins are following suit as well, Solana is even a bit lower in percentage. but regardless of how the market swings some experienced traders will still find a way to navigate the system and make substantial profits. But based on the general opinion of almost everyone in the crypto space, "it is better to buy when it Dip and sell later when it rises back up". |