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Is the Cryptocurrency Bear Market Over?

TheMotleyFool

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Is the Cryptocurrency Bear Market Over?:

Even after showings signs of a recovery in recent weeks, the price of two leading digital coins, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), have fallen almost 30% since May. Meanwhile, trading volume for all cryptocurrencies plunged more than 40% in June, and it hit year-to-date lows last month.

But be warned, even as cryptocurrencies seem to be building positive momentum again, the fundamentals still look troubling, and it could get worse in the near future. As a result, Bitcoin, Ethereum, and other cryptocurrencies all face mounting risks looking ahead.

Source Fool.com

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