Bitcoin and Cryptocurrency markets are currently undergoing their fifth major correction in the current cycle, and this one is the largest yet.
Total market capitalization has fallen by over 1 trillion dollars. Dips are a healthy part of market cycles, the crypto market included, since prices do not move in a straight line. A number of trends will be worth keeping an eye on during this one.
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Timestamps
0:00 The Consequences of this Crypto Market Crash
1:30 Trend 1: Ethereum Layer 2 Launches
2:10 Trend 2: Increased Interest in Bitcoin’s Efficient Competitors
3:08 Trend 3: The Decline of Meme Coins
3:58 Trend 4: Ethereum Competitors Keep Building
4:45 Trend 5: Uniswap V3 Does DeFi
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References:
https://www.altcoinbuzz.io/cryptocurrency-news/product-release/top-5-trends-this-new-crypto-market-dip-will-bring/
https://twitter.com/michael_saylor/status/1396915801492439044
Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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