Cryptocurrencies today: a drop could be a buying opportunity, but caution is needed, says expert
This Thursday, the 23rd, bitcoin and the main cryptocurrencies opened trading “in the red”. Donald Trump’s lack of mention of cryptocurrencies and, so far, no signature of an executive order related to the sector by the self-proclaimed “crypto president” continues to negatively affect the prices of digital assets. At the moment, bitcoin is quoted at US$$ 104.786, up 0.5% in the last 24 hours, according to data from CoinMarketCap. The world’s largest cryptocurrency signals recovery after falling to 101,257 earlier in the day. It can always be an opportunity to buy in the long term. But it is a time to worry about not overtrading, jumping from one asset to another all the time. Even because how much you can earn at this moment given that the market trades ‘in range’, is very little, unless you take a much greater risk on an asset with a much smaller capitalization, which is a risk”, said Lucas Josa, crypto asset specialist at BTG Pactual, during the Morning Call Crypto program on YouTube.
#todas