So the crypto markets are taking a real tumble this time, with BTC and ETH having lost 33% at the time of writing. XRP has survived better but what will happen in the next 24hrs? Is this a great time to invest or has the return of normality prompted the investors in BTC to move elsewhere now the normal markets are returning?
Tether has remained strong as expected and that is definitely where most of the crypto wealth has moved in the last 24 hrs but what will happen as the ETH and BTC profits at buying low look more and more promising? The stock and trade markets will obviously blossom for a few days following lockdown but when will the crypto currency market recover? We expect there to be a week long lull and that it will be best to move into APPL or TESL for the time being.
Next week though, we expect the crypto currency market to boom again so be ready!