KEY FACT: The digital asset market nosedived in the last seven days with investors looking for crypto to sell to reposition their portfolio.

PUBLISHED BY David Pokima

Hello, everyone

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See my heart skipped as I stumbled on this news. Cryptocurrency is a digital asset that shouldn't be depended on and is unpredictable, the market can change at any time either in favor or against investors.

Digital assets have taken a downhill journey in recent weeks with investors keeping an eye out for crypto to sell amid losses. The fall of Bitcoin (BTC) below $62,000 led to larger negative sentiments amongst others. These events heightened selloffs as nearly 60,000 trades got liquidation. Overall, outflows were seen in spot Bitcoin ETFs, meme coins, and decentralized finance (DeFi) volumes.

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Yesterday, there was a little downhill. Rise and fall on the market. Fear and uncertainty are everywhere in the world of cryptocurrency. It's really scary that investors might lose everything.

Daily trading volumes are at $72.2 billion while the market cap tanks as crypto assets record doubt-digit losses. In the shadow of previous market gains, investors seek to offload certain assets to prevent losses and also switch short-term positions. Here are four cryptos to sell as sentiments plunge.

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Five Cryptocurrencies to Consider Selling Amid Market Volatility

Bitcoin BTC

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Is the lead market coin fluctuations that do experience price abnormalities during market fear, if there would be loss or not? Fear in the hearts of the people would be. Can I gain or lose? The heart skips. Vicissitude comes in here.

Ethereum (ETH)

Due to the recent overflows, Ethereum joined the list of selling crypto to some users at a percentage of 5% to trade at $3,306 amid longer-term overflows. All are anticipating that it will climb to 22% for a bigger withdrawal. Ethereum is another that plays a highly volatile

Cardano (ADA)

The community dubbed has faced massive overflows and they were able to flow alongside the market. The price of ADA has gone down to only 4% which is at this level of $0.3702 taking it downward to $13.2 billion. The gains are wiped out due to the market disability.

BNB

The Binance coins trade so negatively as the bearish count down the rewards for the investors. In the last 24 hours, BNB has exchanged at $557 falling to $4.28%.

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Shiba Inu (SHIB)

SHIB price crashes 6% to $0.00001663 with longer-term exists. And there is a discovery that, the Meme coins have fallen due to their price volatility.
According to data from CoinGecko, daily trading volumes stand at $329 million while its market cap plummeted to $9.7 billion.

These are the five cryptocurrencies to sell as fear grips traders. Therefore, Cryptocurrency is a risky decision to take and it brings fear as the sell especially when the price is not favorable. That's the reason we need to ask questions, and do research before embarking on the cryptocurrency journey.

Be wise in the world of crypto and keep your eyes all out.

Thank you for reading through.

I love, I care, and I forgive.

I remain @peckypeace.

Posted Using InLeo Alpha

Posted Using InLeo Alpha