Mid-Month Santiment Report: How Long Can ETH Be the Star of the Show?
The first half of August was filled with uncertainty for most traders, and frustration especially for the Wall Street traders who were expecting stocks and crypto to resume its downturn with inflation and recession still on their minds. But for now, prices have defied those expectations after the first wave of 2022 sent shockwaves through traders' portfolios.
Scams and hacks are prevalent right now, as well. And this is quite normal during bear markets, when some individuals decide they would rather make up for their long-term losses by attempting to steal rather than investing. It's an unfortunate byproduct of the crypto space that should eventually die down as years go on. But for now, we always want to remind everyone to be safe, keep your keys off of the Cloud, and never share your private keys to any wallets!
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