🎢 The crypto market is experiencing a strong correction
On August 26, the price of Bitcoin fell to $109,000, causing $900 million in liquidations in one day. Experts warn of possible further market decline.
"The week began with a serious correction of major assets," said Sean Dawson, head of the research department at the on-chain options exchange Derive.xyz.
According to Dawson, the daily volatility of Bitcoin increased from 15% to 38%, and Ethereum from 41% to 70%. The expert believes that the key reason is the publication of the producer price index, which exceeded forecasts.
