Data reveals users dont exit the crypto market but rather diversify their portfolios Don't Exit the Crypto Market, Diversify Your Portfolio!

Don’t Exit the Crypto Market, Diversify Your Portfolio!

– Mercuryo’s research reveals that crypto users have not abandoned the market due to volatility, but are instead diversifying their holdings.
– The cryptocurrency wallet and business payments platform opines that this could be an indication that retail investors are showing some resiliency despite the volatility that is currently present in the market.
– As an alternative to withdrawing their funds from the market, many investors have decided to convert some of their cryptocurrency holdings into stablecoins such as USDT in the interim as they wait to re-enter the market.
– Ultimately, crypto businesses should find real-world applications “to ensure they remain attractive.”

 

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