I believe and think that the crypto market has benefited and is benefiting by the cheap printed money for months and low global interest rate, now that the good news are fed to the Taproot update, and Corona variant Omnikrom with a likely to spark a new (short-lived)pandemic, I think that the uncertainty, more likely lead many traders to defensive trades and strengthes bears to dump.
Also, altcoins such as play2earn, memecoin and nft projects has inflated too much, a correction would do us all good.-
I think we will touch the 52-50k zone in the short term.
Also, altcoins such as play2earn, memecoin and nft projects has inflated too much, a correction would do us all good.-
I think we will touch the 52-50k zone in the short term.