The post Crypto Market News: Is The Bear Market Looming or Opportunity To Buy The Dip? appeared first on Coinpedia Fintech News
The cryptocurrency market has witnessed a significant escalation in volatility over the last two days, leading to the liquidation of over $600 million in derivatives leverage trading. Dominating this upheaval are the industry giants, Bitcoin (BTC) and Ethereum (ETH), which are currently navigating a landscape rife with uncertainty regarding their short-term price movements.
The #crypto markets are now surging again, completing what appears to have been a temporary #beartrap. As markets plummeted the past few days, calls for a #top or traders being #bearish began spiking. Markets move the direction the crowd least expects. https://t.co/Hwhrd442sh pic.twitter.com/BYXTFqrCiH
— Santiment (@santimentfeed) December 12, 2023
Recent trends have shown Bitcoin’s price experiencing a substantial drop, triggering widespread concern among traders about potential fur
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