A certain type of investor is exiting the crypto market for the first time, according to Genesis Trading CEO
Quick Take
- Retail investors who bought at the end of last year led most market downturns for crypto in 2018
- But the CEO of crypto trading firm Genesis Trading says investors who got in at the beginning of 2017 are now selling for the first time
A bloodbath is currently gripping the crypto market, but something unique is happening in this downturn, according to the CEO of crypto trading firm Genesis Trading. Earlier today, bitcoin prices fell from $5,556 to as low as $5,146, according to CoinMarketCap — a downswing of over 8%. The low represents a new bottom over the past […]
Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.
You can unlock at any time.*
No wallet? No problem. You can set one up for free.
*a 2% locking fee will be added at the time of locking.
