Crypto Market Consolidation Before Major Breakout
8/4/2024 12:00:00 PM
![Crypto Market Consolidation Before Major Breakout](https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg)
According to CryptoMichNL, the total cryptocurrency market capitalization is currently in a consolidation phase, which is considered a normal part of the market cycle. This phase is anticipated to precede a significant breakout to new highs. (Source)
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