Cryptocurrency Market Experiences Downturn, Experts Suggest Volatility is Normal

The cryptocurrency market has been experiencing a downturn in recent weeks, with many coins seeing significant losses. However, experts like Adam Back, an early Bitcoin architect, suggest that this volatility is normal in four-year cycles.

Back notes that despite growing regulatory clarity and institutional adoption, Bitcoin remains in an early phase and expects the price swings to moderate over time.

In contrast to the downturn in many coins, DeepSnitch AI has seen its price soar by over 175% and has the potential for a 100X rally. The project has raised over $1.76M in funding during its presale phase and has been gaining attention due to its utility-based approach.