With the key stakeholder taking profits, confidence in buying dips staying high, traders who were too eager for a quick recovery to their high level of trading were hit with additional price falls.

Although Bitcoin (BTCAlthough a subtly rebounded price of ) dropped below $34,000 in January but is currently down 20% over the past 30 days. EtherETHThe corresponding drop of 30% has been seen in cryptocurrencies ( ). This edition of the Market Insight’s newsletter takes a deeper look at the data behind the cryptocurrency market’s performance in the past month.