Don’t Panic: Crypto Market Collapse Was “Profit-Taking” and “Rebalancing”

After reaching a point of extreme greed, the crypto market in a flash turned to fear. But investors shouldn’t panic––according to stock market analysts, the recent crash was normal profit-taking and portfolio rebalancing. Could that also be the case with crypto, and the market will soon recover after what is a normal and healthy correction? […]

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Author: toutiao