Why virtual currency in August
Why Virtual Currency August According to Cointelgraph, why did Bitcoin prices plummet on August 7th? Why are investors in virtual currencies unable to make profits in August. There are two reasons: firstly, due to the continuous decline in currency prices, investors withdrew in large numbers; Secondly, the decrease in capital liquidity has exacerbated investor panic; Thirdly, with the impact of factors such as the global economic downturn and the weakening of the US dollar, market sentiment continues to deteriorate and fluctuate, and investors need to make adjustments in order to continue purchasing.
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