Analysts: There Will be Further Liquidation Before the Cryptocurrency Market Recovers

News, Opinion | July 19, 2022 By:

Even after a brief rebound on July 5, the cryptocurrency markets remain difficult to get into for novice investors. On July 6, the global cryptocurrency market value fell 0.61 percent to $905 billion, as Bitcoin traded for around $20,000. According to CoinMarketCap, most of the leading cryptocurrencies saw their prices drop after briefly soaring.

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