Analyst: Cryptocurrency collapses, challenging the hope of a turnaround in the Asian market
News on August 5, the sell-off of cryptocurrencies is accelerating - Bitcoin has just fallen to its lowest point since February, and Ethereum also fell sharply that day. The yen just took off, appreciating more than 1% against the dollar that day. This confirms analyst Mark Cudmore's view that the actions of virtual currencies may mean more sell-offs are yet to come.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME data center outage halts futures and options trading, affecting contracts worth trillions of dollars
CME EBS market will open at 20:00
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director