Good afternoon, Binance friends.
The crypto market continues to dip, taking down many of us who bet on this market.
Almost all major cryptocurrencies have fallen back to values they reached in 2020-2021.
While researching, I found that: "On March 13, 2021, Bitcoin hit the $60,000 barrier for the first time in its history. On that same day, the price of the cryptocurrency surpassed the symbolic threshold, trading as high as $60,197 on the specialized portal CoinMarketCap." Similarly, while Bitcoin was over $60,000, Ethereum (ETH) was trading in a range between $1,720 and $1,940 per unit. That weekend was extremely volatile for the entire crypto market.
Today, we face that same volatility but in the opposite direction. Any investor today has seen their investments drop more than 40%. I believe this could increase. The feeling among the base users is that we've gone back more than 5 years from an investment perspective.
Ideally, for me today, is that current values hold and manage to recover, as if the downtrend continues, it will be another blow for us little guys in the group.
Cheers and stay in touch.
$BTC $DOGE #bajando #CompraBitcoin