Cryptocurrency Bear Market Over at Breaking News

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Cryptocurrency Bear Market Over, Then the thunder came, and all. Many are of this view. Crypto sentiments are likely to have not been calm enough to repeat a 2017 scenario.

Bitcoin Price Drop to 39.2K Puts BTC in “Bear Market
Bitcoin Price Drop to 39.2K Puts BTC in “Bear Market from quinieladesantafe.com

Cryptocurrency market has been under sell pressure for the past two months. The month of may and june 2021 witnessed unprecedented crash in price. Speculative assets like cryptocurrencies never experience two manias in a row.

Bitcoin Price Drop to 39.2K Puts BTC in “Bear Market from Nice Breaking News

Sentiment of crypto social media lead and accompanied the hyperbolic price run in 2017. A bear market is a situation when the total value of the market is falling. This next bull market in the cryptocurrencies will almost certainly be much more subdued and rather uneventful in comparison to the mania that occurred in 2017. Bitcoin lost over 50% in price while most altcoins lost near 80% of their market prices. An asset price decline is a sign that there is no end in sight for the price of assets.