Is it the ultimate correction before the big bull market? A new round of bull market is about to usher in! Now is the golden time to lay out!
Looking back at the history of Bitcoin, we can see how it turned into a bull market after a big drop like 2016. Recently, Bitcoin seems to be at a turning point again after plummeting from a high of $70,000 in late July to $49,000.
However, the resilience of the cryptocurrency cannot be underestimated, and early trading on August 7 has seen its price rebound strongly to $56,000, showing that the market is preparing to enter a new bull market stage.
ONDO performed strongly, and its gains attracted attention
In the past 24 hours, Ondo Finance’s native token ONDO has risen significantly, with an increase of 37%, and the price touched $0.71. Despite its short-term performance, ONDO’s price has fallen back from $0.95 since August 1, with a cumulative drop of 25%.
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PENDLE's sudden rise attracts attention
Pendle Finance’s native token PENDLE has soared 48% recently and is currently trading at $2.79. Nonetheless, PENDLE’s market performance has shown volatility since August 1, with the price falling from $3.63 to $1.85 on August 5, a cumulative decline of 30.6%.
