In a recent statement, Lin Chen, the Asia-Pacific Business Director at Deribit, highlighted the ongoing liquidity challenges facing the cryptocurrency market in the aftermath of the 1011 crash. According to the official information, his insights shed light on the current state of major crypto assets and the factors contributing to their struggles.
Снижение ликвидности на рынке криптовалют
Chen pointed out that market liquidity has decreased by 15-20% compared to pre-crash levels, significantly impacting key cryptocurrencies like Bitcoin and Ethereum. This reduction in liquidity is largely attributed to the shifting of funds in response to the volatility observed in the US stock market.
Последствия ограничений ликвидности
The implications of these liquidity constraints are profound as Chen warned that they could hinder any potential rally in the crypto market in the near term. Investors and traders alike are advised to remain cautious as the market navigates these turbulent waters. Liquidity issues are likely to persist in the short run.
Lorie Logan, the President of the Dallas Federal Reserve, recently stated that the economic conditions do not support a rate cut in December, which contrasts with the ongoing liquidity challenges highlighted by Lin Chen in the cryptocurrency market. For more details, see read more.
