At the beginning of July, we officially entered the second half of the year.
In recent months, the market seems to have fallen into silence, but today's rapid rise has undoubtedly surprised many people.
However, since Sunday, although the market has risen on the surface, we cannot be fooled by this appearance. A closer look will show that the turnover rate is still at a low level, even returning to the data during the bear market. This shows that many early investors are currently unwilling to actively participate in transactions.
Judging from the current trend, we may have to face a reality: without the activeness of altcoins, the entire cryptocurrency circle may gradually become like the traditional financial market, lacking the money-making effect of large fluctuations, making it difficult to attract new investors to enter the market.
The cryptocurrency circle is not only Bitcoin (BTC), altcoins are also an indispensable part of it. At present, the entire cryptocurrency circle is still relatively small compared to the traditional financial market, and its market value is even less than that of a company like Nvidia. If it remains silent, it will undoubtedly be a tragedy for the entire cryptocurrency circle.
If you are interested in the cryptocurrency circle and want to learn more about related knowledge and cutting-edge information, then please stay tuned, because it is full of infinite possibilities and opportunities.