lately the crypto market is more volatile due to several factors. There is macroeconomic uncertainty, such as still high interest rates and possible movements from the Fed. Additionally, key events are approaching, such as the approval of ETFs in new regions and regulatory changes in the U.S. The typical low liquidity of August also influences this, amplifying the movements. This is compounded by the speculative behavior of traders taking advantage of the narrow range in which Bitcoin has been. All of this together creates an ideal scenario for spikes in volatility.#MarketTurbulence
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