Bitcoin embarked on a consolidation around $22,000 - $23,000 since a couple of weeks ago and has relaxed the mood of investors to such an extent that it invites confidence and the belief that the worst is behind us. The wave of bankruptcies in May and June went down in history as the 'Lehman moment' of the cryptoasset market, although experts warn that no one is safe in a sector completely exposed to economic ups and downs, as they are not few.
Digital tokens are entering a quarter in which dark clouds are on the horizon that will become a storm in autumn. The aggressiveness of central banks to contain inflation, which will soon reach double digits in the UK and the US and reached more than 10% in Spain, and their lack of success, is leading the main countries into a recession that is expected to last as long or longer than that of the 2008 crisis, and in this context, risk assets will have a particularly hard time.
"I think the more prudent scenario is to expect more negative news:...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...