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Is a Potential Market Selloff Looming as Q3 Has a Quiet Start?

Published 10/08/2023, 14:45
Updated 10/08/2023, 15:15
Is a Potential Market Selloff Looming as Q3 Has a Quiet Start?
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  • Kaiko tweeted that the market may be in the midst of its longest period without a major selloff since 2020.
  • At press time, the total cryptocurrency market cap was down 0.50% and stood at around $1.18 trillion.
  • TRX, DOGE, and ADA were the only top 10 cryptocurrencies that achieved 24-hour gains.

The cryptocurrency market intelligence platform Kaiko tweeted yesterday that the market might be in the midst of one of its longest periods without a major selloff since 2020. According to the post, the 3rd quarter of this year started off fairly quietly. Subsequently, Kaiko questioned the possibility of a potential market-wide selloff in the next few weeks.

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