Meanwhile, Ether, the world’s second-biggest cryptocurrency by market capitalization, also finished the month down by about 47%.
in an interview. “I think we have to get through the Fourth of July weekend and get through that quiet period in the market before we build in the second half of the year.”Bank of America analysts on Wednesday pointed to the fact that U.S. consumers are warier of the crypto market with a reported 50% decline in the number of active crypto users from its peak of over 1 million users in November 2021 to less than 500,000 in May. Meanwhile, the U.S.
“If your timeframe is a week, or a month, or even a quarter, I think there’s still significant volatility,” added Hougan. “If you have a time horizon measured in years, then yes, this is? Is this a good time to indeed buy low or will things get worse? Only time will tell.Stay ahead with the latest science, technology and innovation news, for free:
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