Crypto Flash Crash On Horizon? Here’s What Next Bitcoin & Altcoins
The cryptocurrency market has been growing at an impressive pace lately. In just seven days, its market cap skyrocketed from $2.216 trillion to $2.953 trillion, showing one of its strongest weekly performances ever. This optimism has lifted almost all major cryptocurrencies. Bitcoin has surged by 20.6%, and Ethereum has gained 13.6% in the past week alone. Investor confidence is high, but experts are warning that caution is needed.
Why? There are at least three signs that investors should rethink their approach to risk. Let’s explore them!
Why Is the Crypto Market Overheating?
At the start of November, the crypto market cap was $2.307 trillion. It dropped to a monthly low of $2.214 trillion by November 4, but on November 5, a surge in…
