📊 The crypto market has encountered the traditional August downturn — Coinbase
Analysts at the exchange noted that in August, activity, trading volume, and token prices often decrease.
A Bitfinex analyst confirmed this take, adding that August may see a liquidity shortage. Buy zones are forming at the lower range for several altcoins, while Bitcoin will fluctuate between $61,000 and $70,000, creating an accumulation zone.