Here’s what to Expect From Bitcoin and Ethereum in Q3 2022
— Fxempire, Heres, Aiming, Coming weeks, Many newcomers, Close, Data reflects, Drop, Left investors, Higher costs — 1 min read
Global crypto market cap and most of the top crypto assets saw significant pullbacks and rangebound trajectories over the last three months. Largely stagnant futures and options markets and low trading volumes have been a bear market constant. Bitcoin’s price action in the month of June was one of the worst monthly price performances in the coin's history, with BTC price down by almost 38% over the month. The long-term and short term losses have expelled short-term holders and newcomers, leaving behind only the adamant HODLers. Both bitcoin and ether closed Q2 2022 with negative quarterly gains as the macroeconomic environment in the financial markets worsened. The Federal Reserve continued to hike interest rates while aiming to curb inflation; however, this approach severely impacted the growth Source