Cryptocurrency is stable as some traders buy down

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Latest market wrap shows that crypto is stable at the moment so lets look into the details more. Bitcoin has been roughly unchanged in the last 24 hours as buyers tried to reverse some of last weekend’s losses. Some short-term traders are buying on the downside while others remain cautious about cryptocurrency prices over the next month.“Despite the surprise sell-off, volatile markets have remained relatively calm. The sharp rise in BTC and ETH shows that volatility is subsiding very quickly and the structure of the period of volatility has returned to an uptrend, which in the short term does not indicate growing fear or panic, cryptocurrency firm QCP Capital said in a statement to Telegram.Also, Three Arrows Capital, a Singapore-based hedge fund, bought more than 90,000 ETH over the weekend, worth about $400 million, according to Etherscan of portfolio data. The move comes just weeks after co-founder Su Jo „gives up” Ethereum due to the high fees for new users.Current priceBitcoin (

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