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Remember when cryptocurrencies plummet in an absurd way? Well, after that crash we saw in March, the market woke up. I just looked at the numbers now, and it's quite different.
Bitcoin is trading around $76,280 now, up about 2.14% in the last 24 hours. I mean, cryptocurrencies crash when there's panic, but then they recover quickly if the fundamentals are okay. Ethereum is also in recovery mode, around $2,340 with a gain of 2.43% in the same period.
It's funny how quickly the market changes. Some people sell in panic when cryptocurrencies crash, and then they miss the recovery. I think this recent movement shows that when cryptocurrencies crash, it's usually an opportunity for those who are watching. Just an observation, not a prediction.