Crypto Investing Update

August 12, 2021

Crypto Investing Update

AXS isn't the only cryptocurrency attracting interest from individual investors...The global cryptocurrency market cap has surged roughly +50% higher in the past week.
Although consumer Mentions of purchasing or investing in cryptocurrency aren't surging right now, they are consolidating at a historically impressive level: +15% above the highs seen during the 2017 bull cycle (7-day moving average).

Considering the growing mainstream appeal of blockchain-based technologies (like NFTs), it's clear that a steep drop in the underlying prices won't be enough to relegate cryptocurrencies to obscurity anymore. Investors are ready to play the long game now and they are buying the dips.

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