With only one month left before the year ends, the crypto market has kept investors and traders baffled by its sudden moves.
November was a month of major changes for the global crypto market, with the FTX fall leaving skeptics and crypto enthusiasts confused about the future of the sector.
The global crypto market cap fell to as low as $730 but managed to make a mild recovery from the multi-month lows seen in November. The last month saw Bitcoin (BTC), Ethereum (ETH), and most altcoins dip to their multi-month price lows as the FTX conundrum spelled trouble for crypto holders.
However, short-term gains have been tempting investors to get back into the market. Crypto market advocates believed that BTC and alts were, in fact, available at a Black Friday Discount with prices this low.
Nonetheless, larger market volatility and sharp price swings kept challenging analysts’ predictions of a bright future. In addition to that,…
