Why is the market volatile?

Volatility refers to the rapid changes in cryptocurrency’s market price.

Why are cryptocurrencies so volatile?

The entire cryptocurrency market and other digital assets lack regulation and universal classification. With that said, every asset’s growth is dependent on speculation. It conceptualizes the hope and greed cycles that every investor goes through.

The cryptocurrency industry attracts younger and younger audiences that lack maturity, which leads to increased volatility on the market as its participants react to less and less significant events.

There are other factors that drive volatility, but these are the key ones at this time!


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