Timothy Enneking, managing director of Crypto Asset Management, LP, believes the bear market is largely over. He and other analysts believe that bears are losing their grip on cryptocurrency markets: cryptocurrencies are the green today after experiencing significant volatility since the start of this year. The market pundits expect digital currencies to regain momentum during the second quarter after posting substantial losses in the first quarter.
The fund manager has blamed four significant aspects for the considerable price crash in the first quarter. He said: “Asset consolidation, regulatory concerns, massive liquidation by the Mt. ...
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