The crypto-currency market is booming, but a recent spike in activity could signal a correction.
For one thing, the price of crypto-coins has risen sharply, which is expected to lead to a sharp selloff in the market.
The crypto market has been hit with a major spike in price this past week, with some trading volumes of over $1 million.
A few months ago, the crypto market was worth more than $100 million per day, according to data from CryptoCompare.
Now, it’s about $1,500 per coin.
In other words, crypto is worth a lot less now than it was a year ago.
Cryptocurrency trading activity is up nearly 40% from the year-earlier peak of 2.9% according to CoinMarketCap.
That means the market is worth over $6 billion today, according the report.
However, if you think about it, a lot of that activity came from the crypto community, which was already trying to get into the crypto game.
In the past, the average daily volume of crypto trades was around $25,000, but that number has dropped to around $1.5 million today, which seems like a significant drop.
A lot of people are still investing in the crypto space, and it’s likely that this increase in activity will only continue to increase as time goes on.
Some experts are predicting a correction in the coming months, which will see the price collapse.
As of now, the market value of crypto is still relatively low, and if it keeps going like this, it will be worth very little for most investors.
Still, the move could signal that crypto is poised for a correction, and investors should keep an eye on it, as the crypto-market is still a risky investment.
This article was originally published on October 10, 2018, and has been updated to reflect the latest developments in the cryptocurrency market.