Crypto Exchange Volumes Show Investors are Flooding into the Market

[Dociko]

Throughout August, the crypto markets witnessed some turbulence. While Bitcoin was primarily stable between $11,000 and $12,000, smaller altcoins saw immense volatility, with the growth of the DeFi industry leading many to see parabolic momentum.

Ethereum played a large role in this, as the demand for the blockchain’s network had a ripple effect that positively impacted its price. Eventually, ETH rallied as high as $490 before it lost its momentum and decline to lows of $320.
Details: https://www.newsbtc.com/2020/09/08/crypto-exchange-volumes-show-investors-are-flooding-into-the-market/

[highnayem34]

The entire market has been struck by inflows of selling pressure in recent weeks, which have caused many altcoins to post enormous losses.