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Weekly #glossary: simplifying crypto terms Like traditional a | Wallet News

Weekly #glossary: simplifying crypto terms

Like traditional assets, cryptocurrencies follow two major trends - bullish and bearish. To keep you informed, we've prepared another edition of #glossary

Bull market — a period when digital asset prices start to rise. Many newcomers enter the market, demand grows, and prices increase. The bull market is considered favorable for buying cryptocurrency.

Bear market — the opposite of a bull market. Declining prices and demand for digital assets characterize the bear market (also called “crypto winter”). During a bear market, many users exchange cryptocurrency for stablecoins.

Markets operate in cycles, with a bear cycle always followed by a bull cycle. Given that Bitcoin recently reached its All-Time High, and TON has come close, we are definitely in a bull cycle