Crypto Market Faces Seasonal Downtrend in August đ§ïž
đ Coinbase analysts note August typically sees reduced crypto market activity and value slumps. Historically, Bitcoin averages a 2.8% decline, with lower liquidity and trading volumes contributing to increased volatility.
đž Bitcoin futures volumes also fell 30% during August last year, signaling a recurring pattern of seasonal downtrend.
đ Think August will bring another slump? React with đ„; if you think otherwise, react with â€ïž!
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