Weekly #glossary: simplifying crypto termsLike 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