Buy or sell, that is the question...
In recent days, cryptocurrencies have suffered a sharp decline, driven by the risk aversion that has dominated global markets, following the circuit breaker on the Japanese stock exchange. This event did not only affect Bitcoin ($BTC ), which fell by around 15% on Monday morning, but impacted the entire cryptocurrency market.
Ethereum ($ETH ) plunged by 22%, reaching its lowest value since mid-February.
Lido DAO (LDO) recorded a drop of +28.80%.
Pepe ($PEPE ) also faced losses of over 20% this Monday.
Even though some have recovered positions in the last few hours, the market is still "scared".
What does the market have in store for us in the coming days?