Bitcoin, Ether, And Dogecoin Deep In A Volatility Slumber — Explosive Moves in The Offing? ⋆ ZyCrypto
إلى البيتكوين البيتكوين والإيثر والدوجكوين في أعماق سبات تقلب - تحركات متفجرة في المستقبل القريب؟ ⋆ ZyCrypto ثواني 23 منذ أخبار Bitcoin Ethereum The past year has no doubt been tumultuous for the crypto sector. Since tapping an all-time high, Bitcoin has lost over 70% of its value, 64% of which was depleted in 2022 alone. This has coincided with a severe drop in the top cryptos realized market cap, which has declined by -18.8% since ATH, representing a net capital outflow of -$88.4B from the network. Ethereum faced a similar fate, albeit it Realized Cap falling by an even larger relative scale of -29.2% since the ATH. Smaller cryptocurrencies were hit the hardest, with assets such as Solana, Shiba Inu and Dogecoin losing over 80% of their value. The severe drop in crypto prices coincided with a battalion of events. Apart from harsh anti-inflation policies by the US Federal Reserve, the collapse of FTX and its sister trading firm Alameda Research deteriorated things further, forcing investors to take a safety flight. Markets are Still in Slumber According to a report by on-chain analytics platform Glassnode, despite cryptocurrencies being infamous for their volatility, the holiday break was exceptionally quiet, with Bitcoins realized volatility over the last month