Beginner’s Guide To Crypto – Forbes Advisor Australia
Cryptocurrency markets are renowned for their high volatility, with prices often experiencing dramatic swings in short periods. This characteristic volatility stems from a combination of factors unique to the crypto ecosystem.
At its core, the cryptocurrency market’s volatility is largely due to its relatively small size compared to traditional financial markets. Despite its growth, the total cryptocurrency market cap hovers around $US2.4 trillion, a mere fraction of the global stock market’s value. This smaller size means that even modest capital movements can significantly impact prices, with large buy or sell orders capable of triggering substantial market shifts.
Adding to this volatility is the 24/7 nature of…