Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

Market Analysis
August 23, 2022 by secret
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[ad_1] After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls’ dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant.  Total crypto market cap, USD billion. Source: TradingView The worsening conditions are not exclusive to