Crypto Predictive Analysis – Week of February 20, 2022
The cryptocurrency market volatility continues to escalate with the sector recording capital outflows led by large-cap digital assets like Bitcoin. The outflow in the capital has been led by Bitcoin which is trading below the $40,000 mark ($38,285 at press time) while Ethereum has corrected by over 10% in the last seven days. On a year-to-date basis, Bitcoin has lost 18% of its value.