What is happening in the Crypto Markets? (Short Summary)

in cryptocurrencies •  7 years ago 

For all of you wondering what is happening in the market last days:

  1. August 1st approaching, investors are in search of safer assets(uncertainty about the Bitcoin future).

  2. startups that raised millions in ICOs last few months are cashing out in search of safer assets.

  3. Amateur investors that bought the hype are panicking, selling at a loss.

This can be a great buying opportunity but when the money starts pouring back in it will be rearranged, and best coins will prevail.

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