Cryptocurrencies experienced jaw-dropping gains earlier this year, but they've taken a beating over the past couple of months.
The price of Bitcoin (CRYPTO: BTC) , for example, fell by more than 50% between mid-April and late July. Ethereum (CRYPTO: ETH) has plummeted by around 57% since its peak in May, and Dogecoin (CRYPTO: DOGE) dropped by nearly 70% since reaching its record high.
Recently, however, Crypto prices have started to bounce back . Bitcoin, for instance, is up by more than 33% since July 21. Ethereum's price has increased by 28% in that period, and Dogecoin is up by 20%.
For further details see:
Crypto Prices Are Bouncing Back: Is It Time to Invest?